Well, 2023 went really well with less than market risk so well done me.

First trade of 2024 is $CPRI which is being taken over by $TPR at $57 cash.
FTC is looking into the merger and has asked for a second review, but it's really hard to see them being made a bigger laughingstock over actually trying to block a midtier leather bag and expensive shoe merger than the giant laughingstock they were made over the ATVI deal.

Deal is supposed to c

Hey guys,

Marc Andreessen, a pretty famous billionaire venture capitalist, recommends reading the Wall Street Journal and Financial Times cover to cover every single day for people who are relatively new/beginners to the world of finance/money/investing/stock markets/financial literacy etc. (me)

Do you guys agree? Would this be a good use of time?

I worry that the old advice of just investing in index funds may be obsolete as tech companies lose their advantage.

My thesis is that the moat of large tech companies will be removed as everyone gets access to powerful large language models. Everyone will have the ability to become a FANG engineer. I feel like their margins will drop as anyone can create custom software.

FB and Alphabet killed local newspapers and advertising. Uber killed l

http://www.bitcoin.org/

bitcoin

Bitcoin - Open source P2P money

Any value to this idea or will it never work?

With TSLA going in the past few days from 130 to 110 and now back up to 120, it seems the market is a bit on edge about this stock. They report earnings on the 23rd, and with the incredible run up it's had in the past 3 months (40-->120) I get the feeling that if they don't blow people away this stock has the potential to crack pretty violently.

With articles coming every day for and against TSLA, I generally believe it to be vastly over

One of the first arguments I remember reading about investing in stocks, that made sense, was that it's basically investing in businesses, with the expectation that those businesses you selected would do well and, as a consequence, the stocks would go up. For this to happen, this selection process has to be accurate, both in making sure that the businesses are actually sound, their future prospects for growth are good, and the price they ar

I'm an Agent as well as newer wholesaler - currently wholesaling on market properties only, but working on developing an off market strategy. I have a decent business as an Agent, but had a client that wholesaled 3 properties on market through me over the Summer and opened my eyes to how much more money he made on those deals then me. Just curious if anyone is wholesaling here - it's a great angle with little to no money involved. I do have

What are the biggest gaps you see across the poker market?

Curious to hear thoughts and ideas about what everyone thinks is missing in the today’s poker industry. Feel free to bring up anything that comes to mind.

I’m a software engineer and part time poker player. As I’ve become more experienced, putting in a lot of volume on the tables, as well a lot of time studying over the years, I’ve definitely started to notice inadequacies across diff

I bought a $1,000 CD (actually a lot more) with a stated 5% APY on July 3,2024.

I assumed the maturity value would be $1,050. The bank shows a maturity value of 1,049.93 on Jul 3,2035. A minor difference, but why?

The bank stated it was because 2024 is a leap year. But, the buy was in July so leap year is not a factor and the 5% APY was established in May 2024.

Any thoughts?

You can tell I have been around for a while from my join date and number of posts. PMNI = Passive Montly Net Income.

I used to post on 2+2 and read here every day when I started (the poker threads) then i move to (business finance and investing) when I moved out of poker and into business and real estate. When my business plans started to work, i stopped coming here and reading/posting. I did visit frequently but i moved to (health and fit

Since there's a lot of overlapping advice going around, I've decided to create a new megathread dedicated to passive investing of a large lump sum. If you have a complicated situation, feel free to post a dedicated thread. Otherwise, all request for investing advice go in here.

PLEASE INCLUDE:

• Country you live in
  
• Income
  
• Risk Tolerance
  
• Timeframe for investment
  
• Debt
  
• Any other information you might have that would help us
  

All threads with a simple line "I have $XXXX, what should I do?" will now be deleted with no explanation given. Thank you.

Not sure how this thread doesn't exist so f it I'm starting it. I don't even come on 2+2 hardly anymore. Lol...

Musk is running Twitter like Trump ran the White House

Only he actually has to pay the bills. WH unlimited funds...

How did the Saudis end up backing Musk in buying Twitter? That's...interesting, to say the least...

Final question how the f is Musk going to service the debt? This inquiring mind would like to know. I'm aware he saves m

I wanted to post a different thread to discuss the "crypto-coin" boom that happened this week.

For those who don't know, crypto-coins (or alt coins) have exploded in popularity among the bitcoin crowd. Some coins have gone from 5-10 cents to 2-3 dollars, making early investors millions. The market caps have gone from $500,000 being significant to the same coins have 20-30 million in market cap just two weeks later.

While alt-coins have long

We have posts on the SAVE merger going on in the trading thread that is a little busier than usual. It's best to just have a thread for special situations, merger arb. This thread is strictly for special situations and arbitrage.

For those who are not familiar with this type of investing it is a proven strategy for small investors to achieve double digit returns. Warren Buffett grew his firm in his early days with this strategy. Granted, his

I'd love to get BFI's take on the futures prop firm industry - Apex, TopStep, My Funded Futures, etc, etc. For those who are unfamiliar... You pay a small fee for an evaluation account. You then trade that account and have to achieve a profit target (usually 5-6%) while avoiding a max drawdown (usually 2.5-3%). There's also consistency rules to eliminate windfall/gamble trading.

When you pass an evaluation, you get a "funded account" which

Just curious if the majority of the money a US poker pro makes comes from playing online, from ACR for example, which is unregulated and payments are primarily through crypto...how to does one file and claim their income from that....how to do you track, produce, and show your loses for right offs, what are other things that can be written off?

GOLD down almost $90 in the last few sessions?

John Kane= seriously ouch dude:(

Fishhead and his farmland=seriously LOL

Binions= just pops his head when GOLD is up..LOL

Discuss the legitimacy here.

I was at a friend's house and he had a roll of cash that was probably 60k. I told him to deposit it so a) it wouldn't get stolen and b) it's costing him a few grand a year because of forgone interest in a money market account. He said he was afraid of it getting confiscated by some authority, along the lines of nightmares you hear about with civil asset forfeiture if he couldn't prove beyond all doubt where it came from. That seems tinfoil-

Hi all,

I'm a professional poker player residing in the UK and looking for some clarity on the tax situation on investments when you have no other taxable income. Maybe some of you out there have encountered it yourself.

My annual Personal Allowance (PA) for Income Tax is £12,570, and my Capital Gains Tax (CGT) allowance is £6,000. I have no other income outside of poker (which is of course untaxed) and investments. Some of my investments ar

Hello -

I am going to be taking Optiver's numerical exam soon - I was wondering if anyone here has taken it/had any advice.

I have searched rather furiously online for the difficulty of the questions, but I haven't been able to come up with anything.

Some people are saying try "tradertest.org" but what level should I be concentrating on there?..if at all

Thanks for any comments or suggestions!

looking at NVDA and its weightings in the SPY and the XLK (largest tech ETF)....

here are the weightings in each:

XLk SPY
AAPL. 21.8%. 7.1%
MSFT 22.7%. 6.7%
NVDA 5.0%. 3.0%
AVGO 4.34%. 0.95%

one can clearly see that the ratio of NVDA's weighting to those of AAPL, MSFT, AVGO differs completely between XLK and SPY... and I believe both of which purport to be market cap indices (not certain on XLK but