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Author Topic: Dave Portnoy of Barstool Sports Losing Money in Stock Market  (Read 12213 times)

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Offline jsaras

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #100 on: December 22, 2021, 12:17:34 PM »
I'm a Boglehead investor.  I AM the market, which is a better bet than trying to beat the market.
Things have never been more like today than they are right now.

Offline hammettjr

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #101 on: December 22, 2021, 12:30:00 PM »
I'm a Boglehead investor.  I AM the market, which is a better bet than trying to beat the market.

I'm a huge fan of bogleheads and am more/less one myself.

Matt

Offline quietdesperation

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #102 on: December 22, 2021, 02:18:21 PM »
I'm a huge fan of bogleheads and am more/less one myself.
'

I like/agree with the philosophy but the community has managed to run off a lot of talented/smart people who bring fresh, new ideas. Specific examples include larry swedroe and the poor guy who started the leveraged risk parity thread (hedgefundie).
jeff

Offline quietdesperation

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #103 on: February 02, 2022, 01:50:23 AM »
i worked on wall st for 30 years, perhaps instead of investor junkie and the frugal expat, try a random walk down wall st written by burton malkiel, a princeton economist or The four pillars of investing by respected author bill bernstein. bernstein wrote this compact guide for his offspring:
https://www.etf.com/docs/IfYouCan.pdf

but hey, you don’t have to take my word for it:
https://investorjvnkie.com/investing/best-finance-books/

unfortunately, there are some terrible books on that reading list…

« Last Edit: February 02, 2022, 02:39:39 AM by quietdesperation »
jeff

Offline itsbacl

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #104 on: July 27, 2022, 05:45:51 AM »
"The stock market can be dangerous if you don't understand the economy and don't know how to calculate the tactics of companies and other investors. I have been studying this for several years and only recently started earning good money.  Therefore, before entering the stock exchange, preparing a financial safety cushion is necessary. Part of the savings – at least 3-6 of your monthly income – should be left on a deposit or savings account in a bank.  When a person has gained enough experience, you can buy a metatrader multiterminal to conclude several transactions in parallel and multiply earnings."

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Offline wotavidone

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #105 on: July 27, 2022, 07:14:08 AM »
I'm a Boglehead investor.  I AM the market, which is a better bet than trying to beat the market.
I had to conault Dr Google, but now that I have seen the definition, I suspect I'm a small b boglehead investor.
Mick

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