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> The vast majority of Stocks go to zero, the Stock Market is a total scam

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PelvicOarfish
#1 Yesterday 19:41:00

The vast majority of Stocks go to zero, the Stock Market is a total scam

hi
Your Uncle's Stock Picks Are Decorative Raffle Tickets

If you buy a single stock it most likely goes to zero. That is the base rate. The market is a casino with a press release department and your uncle is sitting at the table explaining how he likes to pick a few good ones and hold them forever. What he is describing is a raffle where 96 percent of the tickets are decorative. Pretty paper. Nice logos. Zero payout.

The index is the real product and the index cheats in the only way that matters. Every quarter it hauls the corpses off the stage so the chart looks like a staircase to heaven instead of a mass grave with a highlight reel. That janitorial service does more work than every analyst on Wall Street combined. Dead companies get deleted. Survivors get heavier weights. The line goes up. People point at the line and call it skill.

Your uncle remembers the winners. He does not remember the names that got delisted, reverse-split into dust, or quietly replaced in the fund he brags about. Survivorship is the whole magic trick. The graveyard never shows up in the brochure.

People think they beat the market. They got carried by four companies and a rebalancing rule. Nvidia, Microsoft, Apple, whoever is currently wearing the cape. The rest of the portfolio is ballast and cope. Take those four out and half the "geniuses" look like guys who got lucky standing next to a fire hose. They will still tell you about their process. They will still send you screenshots of green numbers from 2019 like that proves anything about the next decade.

Stocks as a class are mostly garbage with a thin layer of miracles on top. The four good ones mask the total scam. The miracles get all the oxygen. The garbage gets rebalanced away so nobody has to look at the smell. You will not pick the few winners. The people who did pick them mostly did not know they were picking them. They owned indexes, ETFs, or a job that paid in options while the tide rose. Then they wrote a thread about discipline.

Your uncle will keep picking. He will hold through the drawdowns because "long term" is the religious phrase that replaces thinking. Some of those tickets will print. Most will decorate the glove box until he dies and the estate liquidates them at a loss nobody posts about. The index will keep sweeping. The chart will keep climbing on the backs of the survivors. And some retard on Twitter will call that proof that capitalism rewards vision.

Buy the broom if you must. Stop pretending you are the janitor with stock-picking alpha. The raffle is rigged toward concentration, deletion, and a story that makes the living look smart. You are not smarter than the rebalancing rule. You are just louder about the four tickets that paid.

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#2 Yesterday 19:45:17

Re: The vast majority of Stocks go to zero, the Stock Market is a total scam

Hey you stupid chucklefuq... why don't you do your fuqing job?
FUQ YOU!

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#3 Yesterday 19:47:54

Re: The vast majority of Stocks go to zero, the Stock Market is a total scam

cramer

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#4 Yesterday 19:56:43

Re: The vast majority of Stocks go to zero, the Stock Market is a total scam

EXPLAIN YOURSELF PELVIC OARFISH!

IF THAT IS YOUR REAL NAME!

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#5 Yesterday 20:20:46

Re: The vast majority of Stocks go to zero, the Stock Market is a total scam

There are ZERO members of the original 1896 DJIA still on the list.  Some of that is curated, the rest involves failure.

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#6 Yesterday 20:57:45

Re: The vast majority of Stocks go to zero, the Stock Market is a total scam

wrote:

cramer

Inverse Cramer seems to make money.

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VP_Spiro_T_Cheney
#7 Yesterday 21:00:36

Re: The vast majority of Stocks go to zero, the Stock Market is a total scam

Fortunately for smart people, they’re allowed to recycle and reinvest capital.

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