Let's keep this brief potato heads. Go watch some NHL video from 1980. Now watch some NHL video from today. Those idiots in 1980 would absolutely suck today. They'd be too slow and too dumb to play anywhere near the top league today. Same with other sports.
That's human nature. Through time we improve incrementally. We use the knowledge of prior generations as a base and add to it. So it's no surprise that an NBA player from 1980 would look like Krusty the Clown on a modern NBA team.
Well guess what, same shit has happened in investing & trading. And on an even bigger scale. The stakes are much higher. Instead of your high school star athlete making the big leagues, we're talking about the most powerful companies in the world making superyacht money. The amount of resources devoted to "solving" markets is astronomical.
So now we have a different landscape from your dad's stupid tech company in 1998. Yeah, they were cute firing up their shitty computers and randomly pressing some buttons in a suit & tie. Investors were onto something back in the 90's tech bubble though. They realized the trick to investing…
FRONT RUN EVERYTHING
Yeah bitch. Front run fucking everything. Radio on the internet? Fuck it, here's a billion dollars. Pets.com? Sure, you get $500M. Yeah, they took it a little too far in the 90's. But guess what, they were right. The internet was the future and the right early bets on internet companies made you wildly rich.
The reality was that, you could be wrong on 20 picks so long as you had the 1 Amazon / Microsoft / Apple. Plus, since people weren't front running as much back then, you didn't need to drop 100X Price-Sales on most of these picks (pre-1999). So who the fuck cares if you bought Pets.com, Broadcast.com, your dad's shitty tech startup? So long as you just accidentally bought one of the fucking juggernauts, all mistakes were easily forgiven.
So yeah, today we are thinking "DAMN, Everything is so Expensive!" "AI is a Bubble!" But guess what, that's just Boomer talk. From now on, everything that has a remote chance at being successful is gonna be front run to shit. You can forget about getting in at the bottom floor. Once an industry even hints that it will make a splash, some bastards are going to buy the shit out of it. The days where your dumb ass is gonna find Tesla at $10 or NVDA at $50 are long gone buddy.
So thanks for coming to my Ted Talk. Stop crying about valuations. The market is just smarter than it used to be. No one's saying THE PRICE IS RIGHT. They just don't give a fuck. Because a single 100X excuses 99 dingleberries.
Investing and Trading has Evolved. Tell Historians to Suck It
byu/chuck_portis inwallstreetbets
Posted by chuck_portis
20 Comments
I actually agree with this
This time it’s different.
I read your post and went 100% money market funds.
the ted talk in a wsb way, hell yeah. 
Good good meanwhile I will supporting the guys selling the shovels.
If one of your guys find a way to swing additional shovels between their theet or something all good for him.
> Now watch some NHL video from today. Those idiots in 1980 would absolutely suck today.
nah, they changed the rules and made the game lame
the nhl from 1980 would beat the shit out of the current nhl, shrug at getting permabanned, and happily play hard af in the elite league or something
eta: lolz @ this being downvoted when even icing was changed because boo-hoo checking (after pulling 2-line passes because boo-hoo, checking. after going out of their way to reduce fights, which went from over 1 per game in the 80s to like 0.2 per game now) and adding shootouts because no checking. it’s objectively a completely different game and it’s weak as hell compared to op’s 1980 example
This is some good shit right here
This post is a sign we are in fact in a bubble. Don’t get caught holding the bag.
Hey do you want to stand in front of my casino and get the clients in? You look like you are ready for the job.
I think I agree with this? What the heck!
fun read at 5am
Calm down, man. Is the “FRONT RUN EVERYTHING” in the room with us today?
Actually Warren Buffet (in a 20 year old interview or so) said that right now its easier to get rich quickly for entrepeneurs because there is a lot of capital around in the hand of people willing to pay you upfront for future gains. As basically always, he was right
Lol you’re right…many people don’t give a fuck when things are going great and you’re making money from outrageous valuations
But one thing hasn’t changed and that’s human greed
Bubbles still exist today because of greed…you recognizing that markets are front running more and more things now just means there can only be more and more bubbles in the future
Not saying that AI is a bubble…its nowhere close to the craziness of the dotcom bubble…but the thing is bubbles eventually do burst…and that’s when people start giving a fuck…but it’s too late because that’s also when many people have no more fucks left to give cos 
Gotta take chances
Considering most trades actually take into account proper p/e ratios, and most traders have literally no idea what the company actually does when they buy the stock, this is the logical conclusion.
It also helps that AI/algorithm trading has taken over the majority of major firms, so all you need to actually know is what the different algorithms look for, and you can logically predict what stocks will be caught if x happens.
Not to say it’s easy, but the fact that a small change in a certain property of a stock can cause major firms to suddenly and rapidly dump money into it leads to this sort of wildwest/hyper payout investing.
Buying puts then
Peak bubble logic here. You degenerates will soon find out that valuations do matter and valuations now are fully regarded.
This was very moving
sir, this is a Wendy’s
See you 2026 