ITT we post pictures of dumbfounded CHINGCHONGS staring at STOCK CHARTS
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Poast new message in this thread
Date: July 8th, 2015 11:56 AM Author: Diverse keepsake machete
KILL DA DAUGHTA, SAVE DA SON, HAHVAD HAHVAD, NUMBA 1
*bucktoothed chinks with their arms in the air march around in a circle chanting and lighting firecrackers*
DIS YEAR WE GOT BUY MORE STOCK GET THE MONEY MORE FAST
(http://www.autoadmit.com/thread.php?thread_id=2929708&forum_id=2],#28282549)
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Date: July 8th, 2015 12:22 PM Author: chocolate swashbuckling useless brakes
BING BONG CHING CHONG IS BACK, YO!
Take THAT, faggots!
(http://www.autoadmit.com/thread.php?thread_id=2929708&forum_id=2],#28282809) |
Date: July 8th, 2015 2:31 PM Author: Stimulating selfie den
My Chinese in-laws think that my wife and I are crazy for having money in the markets v. just buying income properties. My wife has gotten lectures about our greed-fueled, foolish gambling in the markets. The last week or so hasn't helped.
As mentioned above and elsewhere, they largely appear to view this as akin to gambling, while paying $1.6MM cash for shitty old houses in Sunnyvale and SGV couldn't make more sense.
(http://www.autoadmit.com/thread.php?thread_id=2929708&forum_id=2],#28283803) |
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Date: August 25th, 2015 8:17 AM Author: bateful violent pozpig
Investing on the Shanghai stock exchange, though, is surely different. There, one would think, skill, shrewdness and prudence would pay better dividends than trusting to the impersonal forces of luck. Yet the Chinese refer to playing the stock markets as chao gupiao — “stir frying” stocks. They do not see it as long-term investing but as a kind of gambling in order to grow rich as quickly and effortlessly as possible. Like a fling at the baccarat table, a stir fry is fast and tasty; it needs little thought. The “player” is entering a collective state of hope and superstition.
Most Chinese investors are private citizens of relatively modest means, many of whom have borrowed to make their purchases. They have not necessarily devoted painstaking analysis to their trades, and when the market tumbles they stampede. The stock market problem is mainly one of confidence.
http://www.ft.com/cms/s/0/d35fc7e6-2bac-11e5-acfb-cbd2e1c81cca.html
JUST DO STIR FRY SOME STOCKS
(http://www.autoadmit.com/thread.php?thread_id=2929708&forum_id=2],#28620456) |
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Date: August 25th, 2015 8:25 AM Author: Diverse keepsake machete
joking aside, there IS wisdom in trading based on industry-wide or country-wide stock movements. you don't need keen analysis when every company in china is going up. you just need to be able to take profits. that's where people err. they don't take profits.
people make fun of me for being involved with bitcoin, but bitcoin financed my international travels and i spent more bitcoin profits than i ever put into bitcoin in the first place. imagine putting in $10,000 to an investment and then spending $30,000 of profits and then whatever you have left in the investment crashes by 70%. OK, was that such a failure? if you take profits out, you can let the rest ride without any fear of losses.
but what i suspect with these ma and pa old investors in china is that they didn't spend any of their profits. they just sat around with other old people talking about how well the market was doing. and now they're just doing the opposite. staring at it all vanishing. and now we have these wonderful pictures.
(http://www.autoadmit.com/thread.php?thread_id=2929708&forum_id=2],#28620480) |
Date: February 5th, 2024 3:12 PM Author: Yellow unhinged associate
CSI 1000 slide 8%.
25% of all Chinese stocks halted today
(http://www.autoadmit.com/thread.php?thread_id=2929708&forum_id=2],#47368955) |
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(http://www.autoadmit.com/thread.php?thread_id=2929708&forum_id=2],#47929177) |
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