Recent comments in /f/wallstreetbets

thus t1_je8i4gn wrote

Like I said elsewhere in the thread, and what is reflected in my portfolios, a specific bank is not the best way to play a recovery.

Buy bull put spreads, shares and CCs, or leaps in a sector ETF like KRE.

If you really must have more risk, then pick a levered-up sector ETF like $DPST.

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Middle_Name-Danger t1_je8i2ib wrote

The utility value of crypto is in money laundering and transferring wealth from one currency to a more desirable currency. The more significant influence on value is speculation.

The bitcoin bubble may never truly pop.

There are definitely some forex arbitrage opportunities in crypto exchanges. Who is best capitalizing on those?

I’m more interested in hearing George Soros’ opinion of bitcoin than Warren Buffett’s. Maybe they’re both too old though. Who is the contemporary Soros? Down the rabbit hole I go…

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Paradox68 OP t1_je8ho60 wrote

First four sentences are entirely anecdotal so I’ll ignore it entirely.

-12 layers thing is semi bullshit. Every company has these layers you’re describing, they’re called departments. Even at my job, we have my local team, then we have the manager of that team, then we have the department lead, then that guy has a manager who is the director, then that director has a team of other directors and all those directors are part of another team and that team reports up to either another department or the C-level, depending on how big the company is. Let’s make this clear, I’m NOT saying that companies aren’t bloated, they are. I know that, everyone knows that. The thing you’re not understanding is that if there are departments dedicated to researching and actioning the effectiveness of layoffs, then it becomes a non-issue for the business because it’s ever-changing. It’s obviously too complex of an issue to encapsulate here, or to come up with one cut and dry solution, so I guess I don’t understand why you think you know more than the people at Amazon who are actually paid to do this.

Still waiting on an answer from the other guy on where he pulled 50,000 from

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BJaysRock t1_je8hnhi wrote

I’m not as regarded as you.

Question about calls. Am I only able to lose the premium I pay to buy the calls. If I buy 1 at .10, then I can only lose the 100 x .10 or $10 right?

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