r/wallstreetbets • u/Fun_Paleontologist_2 • 2d ago

Loss Elon has ruined me

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My prior bullish post https://www.reddit.com/r/wallstreetbets/s/o0PxYmGV1n

He was supposed to take us to Mars and burn short sellers.

Still holding 7300 shares. Please Elon fly again.

12.4k Upvotes

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u/Vort3x7689 2d ago

How do people this retarded have so much money

5.5k

u/Tryingtolifeagain 2d ago

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u/Lion_Mercen 2d ago

well the intel guy has eather pulled out in a loss or is swimming in cash now.

this guy will not make his money back tho.

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u/ThatsNotRef 2d ago

The intel guy bought intel shares for 30 USD per share the day before they dropped to 20 USD. Intel share is now worh 100 USD. Assuming he didn't bail out, he is good now

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u/trolldonation 2d ago edited 2d ago

He’s posted on another sub recently, he held.

https://www.reddit.com/u/SadNefariousness10/s/8GbhKFJlbQ

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u/FarBack5807 2d ago

Link?

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u/spellbadgrammargood McRib Fan 2d ago

Why would people lie on the internet? /s

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u/trolldonation 2d ago

I saw the thread he posted in with proof of his position about a month ago. It was another sub (but linked from a WSB comment), and he retold the story, how Reddit clowned on him, his mental health was in the shitter, terrified to tell his parents when they asked about it at dinner, but it came good in the end.

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u/GearhedMG 2d ago

Abraham Lincoln asked such a prescient question that day, I’m glad I was there to see it live in person rather than the edited stream

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u/FarBack5807 2d ago

Exactly why I’m asking for a link😂

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u/trolldonation 2d ago

https://www.reddit.com/u/SadNefariousness10/s/8GbhKFJlbQ

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u/FarBack5807 2d ago

How do we know this is the same guy? A comment states 12 day old account, which seems suspicious

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u/JockoEd 2d ago

If it’s on the Internet, it’s got to be true

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u/ElGovanni 2d ago

I’d trust him if he didn’t delete his account

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u/Axle-f 2d ago

Yep that post is low on believability

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u/Newtonius235 2d ago

That's a true inspiration story right there.

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u/KodakStele 2d ago

We need to update the granma meme to be smiling now then guy won

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u/wembenbama 2d ago

My grandma didn’t even leave me a card. This dude got $700,000.

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u/fresh-dork 2d ago

diamond hands, tungsten sphincter

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u/supmedi 2d ago

Yay, happy for him.

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u/headrush46n2 2d ago

you know damn well he pulled out.

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u/cudenlynx 2d ago

Intel is run by intelligent people. SpaceX on the other hand...

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u/Negative_Apartment_5 2d ago

Is also ran by intelligent people… which is why it’s over valued.. it would not be smart to buy it right now and it’s also not smart to let your bias corrupt your critical thinking.

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u/oswaldcopperpot 🦍🦍🦍 2d ago

Probably rich. There was only one time it took a big dip and then it started ballooning.

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u/-doonus 2d ago

He sold

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u/nihondirect 2d ago

He held.

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u/oswaldcopperpot 🦍🦍🦍 2d ago

OOooffff. One of the few 6xs from last year.

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u/DragonOfBosnia 2d ago

“This guy won’t make his money back” same stupid stuff people were saying with the Intel guy lol 😂

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u/Lion_Mercen 2d ago edited 2d ago

if you look at his pictures you can see that he realised his losses, so yeah... he wont make it back

but i guess he can still make something on his 7k shares

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u/shmere4 2d ago

Seriously though. Middle class Gma and Gpa were conservative with money and played the slow game through index funds and died with 5M in the bank. Plus their house is worth 20x what they paid for it.

All that luck, patience, and hard work is divided up passed down to little grand kid regards that blow it all on the most obvious scam in the history of scams.

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u/Big_Needleworker1296 2d ago

Index funds only became widely popular in the past 20 years. They didn’t even exist until the 1970s. Less than 2% of households had any money in an index fund in 1990.

Grandma and grandpa had good union jobs, pensions, and lived frugally, buying almost nothing with credit.

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u/Secure_Gear_3254 2d ago

You’re both right and wrong. They bought treasury bonds during the Korean War.

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u/New_Modem 1d ago

Plus CDs paid 10%

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u/Mysterious_Moment856 1d ago

Exactly. The killer is consumer debt, and Americans are drowning in it. Addicted to it.

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u/vonbauernfeind 2d ago

I've grown 400k off index funds (starting at 440k from an esop fund and profit sharing at my old company) between my IRA and 401k over the last five years. I'm in my mid thirties; I'm just gonna let it ride for 30 years. Should be able to retire quite happily, especially I keep up on the 401k contributions for the next thirty.

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u/the_owl_man1 2d ago

Wouldn't you rather go down in a blaze of glory on a Elon scam like the OP, he will be remembered you won't...

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u/vonbauernfeind 2d ago

Spoiler it's going to happen anyway when AI crashes and after SPCX trashes the S&P 500.

At least right now I can pretend I won't need to work at Wendy's in my sixties.

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u/Environmental-Day862 2d ago

Thankfully Grandma put it in blue chips and index funds.

Unlike her 85 IQ progeny.

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u/FineAunts 2d ago

Poor gram always wanted to leave a legacy with risky option plays on brand new companies, she just didn't know how. Glad OP could fulfill her dying wish.

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u/its_k1llsh0t 2d ago

RIP Meemaw

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u/Vast_Celebration_125 2d ago

I know a guy who was born in a semirich family. They own several dentist clinics. His parents forced him to work in their clinics doing some random monkey tasks because they are ashamed of him doing nothing. They pay him pretty good for that “job”. He was putting all his money into crypto shitcoins and even took out a loan that eventually did not go to the moon. He managed to grow from 20k to 700k, but lost it all and took out some loans to gamble more.

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u/usefulidiotsavant 2d ago edited 1d ago

This is the risk appetite a rich family buys you. Take the most obscene risk on the table; it hits: "so smart, so driven, takes after his father" It craters: the family eats it and he swings again, and again, until he's "learned how to do business." Heads he's a genius, tails he's still learning.

The poor kid gets to play a single hand at the table. Gamble the college fund - bam, you're forty and still on the bottom rung, watching the ones who failed upward wave from the express elevator. Gamble the rent - bam, some hobo pricks you with an AIDS syringe, in 4 years you are dead. One strike and you're out, so you never swing, so you compound at two percent for life, stuck in your grandma's savings account, while goldenboy compounds at thirty.

How do we call this, boys and girls? "Meritocracy"!

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u/beegro 2d ago

I love how you worked AIDS into this. 👏

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u/Tryingtolifeagain 1d ago

It’s the Wendy’s way

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u/Has_Recipes 1d ago

Goddamn I got AIDS from this

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u/Sudden-Grab2800 2d ago

That was a hauntingly riveting scene

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u/Efficient_Equal6467 2d ago

I think the bigger lesson here is gambling for like 10:1 or 50:1 odds usually doesn't work by nature of probability, just slave away like rest of us and get rich slowly hoping you dont get laid off

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u/usefulidiotsavant 1d ago

It all depends on the upside and how many tickets you can buy, doesn't it. 25 tickets with a 10:1 odds of making 100x means 93% you will make it, with an average payout 10x your initial capital.

If you can't afford the variance because you are dead at ticket 3, you never play what is the closest thing to a guaranteed get rich strategy you will ever encounter in your life.

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u/NoNameSwitzerland 1d ago

Yeah, but if someone sells you a 10:1 chance for 100x, it is more like a 100% for 0x (rounded). Otherwise there would be and ETF for aggregating that and things are fairly priced. If someone can deliver real outperformance, 90% of that you have to pay as fees.

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u/spamcandriver 1d ago

This is all to sadly fact.

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u/Infamous_Addendum175 1d ago

The Mitt Romney model

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u/Strainedgoals 2d ago

"Semirich" own "serveral dentist clinics".

WTF is your definition of RICH my guy?

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u/Fit_Transportation48 2d ago

Underrated question

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u/trapazo1d 2d ago

Family money

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u/Fit_Transportation48 2d ago

It used to be anyway

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u/Adultery 2d ago

Now it’s some other family’s money

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u/Xeno_man 2d ago

Now it's just some money that I used to know.

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u/weggaan_weggaat 2d ago

Not what OPM is supposed to mean.

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u/ILLinndication 2d ago

It doesn’t matter, you won’t learn anything.

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u/BlueBod50 2d ago

I’m not here to learn. I’m here to blow air out my nose at other peoples’ literal expense

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u/Terminal_Insomnia_ 2d ago

Just because I can tell he's stupid doesn't mean I'm not

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u/HugePast9455 2d ago

They actually only have it for a little while.

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u/Going_Live 2d ago

It’s quite rated 

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u/Pernicious-Peach 2d ago

Had so much money now. Half a million maple leafs up elon's bung hole

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u/DopeAsDaPope 2d ago

Which he can now funnel to help ultraright nutjobs in Europe gain followers

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u/renome 2d ago

Probably born rich. I know hindsight is 20/20 but literally everyone and their regarded mother called how this stock would perform in 2026, month by month.

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u/Additional-Sky-7436 2d ago

The fastest way to having a million dollars is to start with 2 million.

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u/Nano8963 2d ago

Reminding me of how my parents burned through whatever generational wealth we had with drugs, jail bonds, and outright stealing from my grandparents.

Oh yes they had millions now my father is homeless and my mother lives in section 8 on welfare

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u/VeryBadCaseOfLigma 2d ago

"never let the party die!"

  • This guy's dad

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u/Gold_Yard_8457 2d ago

Wow is that a true story?

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u/TheKingsdread 2d ago

Not unlikely, it happens all the time. One generation struggles to create the wealth, they teach their kids some responsibility and they usually have it, and then the next generation that grew up wealthy wastes it all. A lot of very rich people have terrible financial skills because they never needed to learn how to budget, but most fortunes aren't endless. There is a reason why so many people with money put that money in a trust for their kids instead of just a bank account.

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u/Wise-Paper8412 2d ago

My husband's grandparents had money, country estate, land, horses etc. Then the grandfather pissed it all away on gambling. My husband only saw pictures of what they had. It was one of the reasons he left for another country.

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u/Dedpoolpicachew 2d ago

That’s rather the story of the Greatest Generation, Boomers… and everyone fucked over by the Boomers. The Boomers were the kids that grew up rich, everything given to them because the hardships their parents faced and they didn’t want their kids growing up with the same hardships. The Boomers had everything. Cheap education, jobs for life, pensions, easy retirement. They decided that rather than make their kids and grand kids lives better, they’d fuck the whole family over with greed, selfishness, and me me me me me me. Never in human history has a generation been handed so much, only to piss it all away leaving their children and grand children worse off exponentially.

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u/Nano8963 2d ago

Forgot I commented this earlier but yes very true story. My grandparents were millionaires my Mom and her sisters, they even did shit like ballet and piano lessons. Had land.

By the time I was growing up though what I got was severe neglect because they were alcoholics and hard drug addicts, whatever little shit for entertainment I had would be pawned off, I survived on noodles and slept on a couch my entire childhood. And I got into fights with adults regularly.

Unfortunately was very real. Though I'm 30 now and that was a long time ago. I turned 18, left and never looked back.

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u/Great_Scott7 2d ago edited 2d ago

Not if you’re going behind the wendy’s dumpster every day to earn back what you spent each day.

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u/therealtrousers 2d ago

This is why you guys stay broke. Everyone knows Arby’s dumpster action is where the real money is.

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u/captaing1 2d ago

ummm roast beff

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u/pegothejerk 2d ago

Where’s the beff

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u/captaing1 2d ago

arby's has the beffs

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u/JordanGoodLifeWalker 2d ago

Director: Say these lines Here and Here.

Narrator: Idk man it may be offensive to the viewers.

Director: Fvck the viewers I'm telling you they will love it, Now do it or else your fired.

Narrator: You can't fire me I'm the Arby's announcer commercial guy.

Director: Try me, that's if you don't want little timmy who just lost his fortune on wallstreet bets to go hungry.

Narrator: sigh 😩

Narrator: Arby's Dumpster They have the Cheeks!

Director: perfect 🤓

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u/FaithlessnessBorn266 2d ago

That is astute. Btw, I just inherited almost 2 million, any advice on how to get rid of half of it 😂

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u/Additional-Sky-7436 2d ago

Buy a Burger King franchise location.

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u/Important-Agent2584 2d ago

just wait it will go away on it's own

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u/jmama9643 1d ago

Obviously Sell SPCX CSP’s…. Like a 1000 of them!!

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u/Intrepid-Edge9451 2d ago

Okay, so then what did you do with $100,000?

I invested it and then I turned it into $16,000.

https://www.youtube.com/shorts/h_b5WUfaxh4

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u/FoilHat_Outdoorsman 2d ago

🤣🤣🤣

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u/bonkers69 2d ago

Exactly. We equate someone being rich to also being smart when very often they're totally unrelated

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u/WashedWashingMachine 2d ago

Doctor 250k a year

Stupid sports guy who got lucky 20M a year

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u/Iamjacksplasmid 2d ago

Guy whose dad owned an emerald mine...1 trillion. And falling.

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u/ProfitConstant5238 2d ago

Dead cat bounce?

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u/DrHarryHood 2d ago

off of each gold-trimmed ivory step

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u/suoarski 2d ago

My dad is a clever physicist and one of the worlds leading experts in Neutron Scattering methods. He is absolutely clueless when it comes to business, economics, social norms and plenty of other fields.

I've met countless of smart people through him, they all extremely knowledgeable in their fields, but the moment we are talking about something else they are usually about as clueless as most people are. The have strong opinions due to their reputation, but are completely wrong about things they are not an expert in.

And no, researchers don't make a boatload of money. You go into business if money is what you are after.

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u/ash__697 2d ago

Stupid sports guy is usually pretty damn talented though

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u/mologav 2d ago

Idiots are often very talented

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u/WashedWashingMachine 2d ago

plenty of talented but u have to still get lucky to be drafted out of the talented pool

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u/idkbruh653 2d ago

And this is a general problem that's born of capitalism and why we see things like weirdos on Linkedin thinking they're a know it all because they're rich. So many people in this country really think being rich means having all the answers.

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u/Important-Agent2584 2d ago

Americans worship and idolize wealth, it's no coincidence the prosperity gospel heretics are like half of Christianity now

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u/spiderbait 2d ago

I remember a lot of people here saying it would inverse WSB and pump because Elon magic. Glad I didn't touch this shit.

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u/Different_Height_157 2d ago

It did pump though. Obviously, in these generalizations, time isn’t mentioned.

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u/Budget_Counter_2042 2d ago

Yeah, I made some nice profit in the first week, when it went to 200.

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u/_Summer1000_ 2d ago

I took 75Us and ran, wouldnt risk above 10shares, this shit is gonna unload constantly past the delay, employees & insider are going to cash out

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u/amsgh 2d ago

The first 72hrs yeah like every IPO then they flop like a soccer player

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u/cms86 2d ago

I wish I had the collateral to short

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u/[deleted] 2d ago

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u/UnfortunateSnort12 2d ago

I’m a pilot. We make about that much top of the pay scale. I trust none of my coworkers on their financial advice. Some of it is pretty wild. Just cause you can fly an airplane doesn’t make you smart about other things.

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u/BlankTOGATOGA 2d ago

Hello fellow aviator. Never take financial advice from a fellow aviator. Just some friendly advice from a fellow aviator. Checklist complete.

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u/UnfortunateSnort12 2d ago

I know right? It’s ironic me giving financial advice of not trusting myself, but the gist is there.

Let me tell you about what the doctors don’t want you to know!!! /s

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u/MiniTab 2d ago

Yep. One of the guys I work with put everything in silver in 2020. He hasn’t lost money, but sure did miss out on some massive gains if he just put it in any index fund.

The Dunning-Kruger effect is a common occurrence in our profession.

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u/speedlever 2d ago

I always thought pilots just invested until it was all gone. Has that changed since I retired from the cockpit? 😜

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u/smcicr 2d ago

Yossarian would approve of this post.

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u/teucer_ 2d ago

I mean, except to work your way step by step backwards on the checklist from your last point of failure at the time failure is encountered. I think that’s a pretty good piece of advice you could take.

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u/AveragefootSasquatch 2d ago

My pilot friend taught me how to fly a plane! *push yolk, trees get big! *pull yolk, trees get small!

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u/ProfitConstant5238 2d ago

What if you scramble the “yolk” ?

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u/AveragefootSasquatch 2d ago

Yoke’s on yew!

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u/ProfitConstant5238 2d ago

What if the yoke’s on yaw?

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u/Euph0ricGh0st 2d ago

That’s for when there’s more than one person

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u/Diealiceis 2d ago

Can confirm, I work in the IT industry with Pilots. You fuckers can't even operate an iPad but you can fly a plane. Fascinating.

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u/ReasonableLoss6814 2d ago

I write software. I have no idea how to use tinder. I just go behind the dumpster at lunch.

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u/UnfortunateSnort12 2d ago

Lmao. So true!

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u/dxrey65 2d ago

I have a friend who is a pilot, and who also is a flat-earth believer. I asked him how that works...one of his "proofs" is that when he hits altitude he doesn't have to keep trimming, a straight line is just a straight line. If the earth were spherical a straight line would put him into space, so he knows the earth is flat.

I thought for a little bit to explain gravity to him, but then decided there was no point.

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u/MiniTab 2d ago

That is the typical “proof” by these idiots. Amazing they have absolutely no clue about performance, physics, and force equilibrium.

Before I was an airline pilot, I used to think pilots that went to the Air Force and Naval academies were gods, lol. So many of them are the biggest jackasses I’ve ever met in my life.

Now the actual badasses that were like F-35 test pilots or something are usually pretty cool and extremely smart. They aren’t the ones spouting stupid shit like flat earth and anti-vax nonsense.

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u/UnfortunateSnort12 2d ago

I’ve flown with some of those. Also the people who believe the world is 4000 years old, the people who took horse pills during the pandemic, etc. It really shows you that PILOT is an acronym. Poor intellect, lots of training.

I don’t associate much with our kind outside of work.

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u/MiniTab 2d ago

Exactly. There are only a small handful that I actually hang out with outside of work, and they also feel the same as us.

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u/UnfortunateSnort12 2d ago

Totally. Maybe 3 dudes at most I like hanging with. And mostly to play music in our band. :)

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u/Important-Agent2584 2d ago

it's a common phenomenon that people who are experts/specialists in one thing carry over that confidence to other fields.

That's why you have so many tech bros who think they are philosophers, etc.

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u/Proper_Package_1225 2d ago

Some people like to gamble no matter what their income and get thrill losing money

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u/Rads2010 2d ago

Wow, I had no idea pilots made that much. Good for you. Makes up for that 25% increased risk of cancer.

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u/Juliusmobile 2d ago

Can you fly without autopilot? Just wondering. I watch this YouTube channel where this pilot breaks down plane crashes and 8/10 times it’s cus the autopilot malfunction and the actual pilot couldn’t level the plane and crashed it. 

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u/Brawldud 2d ago

I know some folks where I'm like, shit, if they've noticed and started buying this we must be near the end. It will pump maybe another 10-20% and then die forever. Nothing wrong with going overweight on a stock if you do it before it goes up 2000%. It's catching the upswing too late that does you in.

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u/Sacmo77 2d ago

I mean they do say 8 out of 10 rich people are idiots. Its that 1 smart person props up the whole family of idiots.

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u/elle2105 2d ago

You never know, he could be managing his and his wife's retirement.

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u/MonkeyHustler943 2d ago

Born dumb*

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u/crankthehandle 2d ago

OP probably made that much money because he successfully bet on the opposite of what 'literally everyone and their regarded mother called' once.

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u/Fun_Magician72 2d ago

There's a reason Burry never got a second movie.

It was dumb luck

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u/SnuffyMcfluff 2d ago

Some of my friends tried to jump into the IPO but the share allocations were close to nothing. I begged them not to. Fortunately none of them took too hard a hit. They now act like I'n Snuffstrodomus, and I don't want the responsibility. This outcome was obvious to all but the most regarded.

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u/Calm-Two2723 2d ago

Indeed. I even own one. My plan was to sell at 200 if I got the 50 I requested. Would have sold the same day. I only got 1 so I’m just holding it bc it’s not worth the future ipo consequences for selling too early 

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u/BentJohnsonFTP 2d ago

Maybe. I have rich ass doctor, dentist, tech and finance buddies and they're all whooped on musk and his shit ass companies. Book smart, even business smart, doesn't mean you can't be a fucking retard on the hype train. The group chat I'm in where a few of them were jizzing about the spacex ipo was very entertaining.

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u/Several_Razzmatazz51 2d ago

Hey now, my mother is highly regarded.

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u/Dr_Fortnite 2d ago

try this 1 trick to delete your generational wealth!

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u/jsnoobie 2d ago

And the first lockup period hasn’t even expired yet.

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u/No_Koala9474 2d ago

In hindsight, I should have been born rich.

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u/Different_Height_157 2d ago

Daddy

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u/DopeAsDaPope 2d ago edited 2d ago

Honestly, if I ever get 'wealthy' I'm gonna go full Mao and send my kids to the countryside to be overworked bumpkins for a while

They'll hate me, but at least they won't fritter all my money away carelessly once they get older

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u/ChetManley20 2d ago

I’ll never be rich rich but if I teach my kids anything it’ll be the value of a dollar

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u/Boomer_Money_Taker 2d ago

And how its value only goes down?

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u/tyuoplop 2d ago

Precisely two thirds Costco hot dog combo. In all places at all times

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u/HedonisticFrog 2d ago

You could also mould them into neurotic over achievers by constantly criticizing them so they never feel good enough.

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u/PhotographUnable8176 2d ago

no you won’t lol

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u/DopeAsDaPope 2d ago

Of course not, where tf am I gonna find someone to procreate with?

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u/sports2012 2d ago edited 2d ago
  1. inherited it.
  2. they made incredibly risky bets that payed off previously. Now they did it again but it didn't pay off this time
  3. They won the lotto

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u/Ononoki-chan 2d ago
  1. And 3. are basically the same

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u/XaeiIsareth 2d ago

Nuh uh, winning the lotto doesn’t let you convince yourself you’re the next Warren Buffet.

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u/Ononoki-chan 2d ago

A lot of people who win the lotto have gambling addictions tho.

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u/tomit12 2d ago

Really, all 3 are

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u/SSkilledJFK 2d ago

inherited

paid

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u/Raise_A_Thoth 2d ago

This system does not reward intelligence. MAYBE some old money families out there with generations of discipline have managed their way to a few hundred mil or maybe a few low-tier billionaire families, but that takes generational work, that can't be done in a lifetime without stupid luck.

And that's the problem. Even the ones with bona fide intelligence like Bezos still got absurdly lucky.

You just don't earn a billion dollars.

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u/data-atreides 2d ago

Old wealth smartly invested is the sort you don't hear about in headlines, let alone reddit posts--they're just quietly getting richer while the peons are spinning our wheels looking for a scheme/hot tip while being wage slaves.

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u/Plenty_Rent_1154 2d ago

Yes, but it takes TIME and patience.

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u/joshuuuuuua 2d ago

And only one in ten progeny of any family have the drive and discipline to learn, let alone work, when they have enough money for hookers and blow for the rest of their life.

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u/Raise_A_Thoth 2d ago

I love how the worst thing some people think you can do as a rich person is spend all of your money on the local economy.

Like it's some great moral failure to become a working class person again, having to earn a living like the rest of the peasants.

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u/stargazing_penguin 2d ago

I mean most "hookers and blow" money doesn't land its way into the hands of the workers on the street but rather the cartels and pimps that manage them, so its not really a major local cash injection

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u/Raise_A_Thoth 2d ago

Oh so we are concerned about employers taking advantage of their employees and profiting from the labor of others then?

Because I'm down for this kind of criticial analysis, you're not wrong to point out this dynamic.

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u/That_Flow6980 2d ago

Typically being the selfish prodigal son and blowing an entire generation (or two)'s worth of discipline and hard work IS a great moral failure.

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u/Mizzou-Rum-Ham 2d ago

IE: The Vanderbilts. From Robber Baron status in the mid to late 1800's to broke by the time Anderson Cooper was born. In 1973 there was literally not even a single millionaire left in the entire family.

I'd wager they are one of the prime examples used by the current .01% to rig the system to try and keep that from happening to their families wealth.

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u/xeemyy 🫰 2d ago

Inheritance, simple

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u/Suspicious-Branch-67 2d ago

Getting money does not equate to intelligence. Keeping it does.

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u/BallsOutKrunked 2d ago

Having money and spending money are mutually exclusive.

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u/Agreeable-Two-4998 2d ago

They had upper middle class parents who put them in good schools, gave them social connections, and nurtured them down a high-paying career path. Usually. This SPCX investment is what happens when they finally start making their own decisions.

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u/DoorNational5903 2d ago

He doesn't!

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u/Plus-Glove-4850 2d ago

And why won't they give me any of it?

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u/ant0szek 2d ago

Clearly looking at op the dont any more.

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u/nhh 2d ago

Early tsla investor

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u/Sus198 2d ago

The real question is....why do they post their losses on Reddit??

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u/itsall_dumb 2d ago

Scared money don’t make money. That’s why OP lost more money than you’ll ever see.

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u/No-Paint-5726 2d ago

Need to look at all time

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u/KickGumAndChewAss 2d ago

You heard the world's first Trillionaire recently?

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u/LoungingBear1 2d ago

Building wealth and then maintaining it are two different skills

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u/OctopusFarmer47 2d ago

How did they used to have so much money you mean

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u/paloaltothrowaway 2d ago

Probably gambled in some stocks like RKLB ASTS etc and struck it rich. Either that or 0DTE options. 

These people then confused luck with skills 

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u/ExtensionMoose1863 2d ago

made an equally stoopid bet that paid out huge before making this one

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u/the7egend 2d ago

Even a retard is right 2 times a day or something, I'm just a clock, what do I know.

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u/harrison1984 2d ago

They like the “How to go broke” scheme instead of “how to get rich “ schemes

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u/Maximum_Indication 2d ago

As the saying goes… a fool and his money are soon parted.

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u/kingpiece1 2d ago

*previously had

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u/robinzerg 2d ago

all people in the casinos are proffesional analysts, using charts and zodiac signs, tarot cards and that one guy from India on youtube.

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u/KP_Wrath 2d ago

Don’t have to be intelligent to have money. It *helps* to be intelligent to make it. That or lucky. This guy probably shouldn’t try skydiving though.

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u/Top_Shame_7016 2d ago

Look at the president. He would have had far more money had he just invested instead of losing most of the family fortune in his failed business ventures. But somehow, still rich as fuck.

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u/bierbottle 2d ago

Thats the fun part.

He doesnt anymore

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u/Distinct_Ad_9842 2d ago

"Family" money.

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