Juror#8

Sarah can eat a dick. And why the !@#$ does anyone care? The proprietor didn’t want to serve her. Big whoop. In the same way that people shouldn’t care if a gay couple is refused a cake by some butcher, baker or candlestick maker. Why is this “left” or “right”? It’s a circumstance of business prerogative. The owner doesn’t like the B word. This doesn’t implicate some bigger existential crises.

I won’t pretend that this whole thing has been coy by any means but dammit if it hasn’t been self-deprecating and a real legitimate !@#$ing hoot. We’ve established that I make investment decisions based on nothing more than thinking China has an assload of people and the fact that I like eating hamburgers outside. That, in of itself, deserves some !@#$ing love. So hug it out with me, biotch. And do you know I cried over this **** on Friday? Like ugly, snotty tears, son. So let me ask you, whatchu got on my tears, homie? Thats rhetorical. My guess is you have nothing. So how about this ... politely step out of this thread, since it’s obviously not your !@#$ing lot in life, and I’m going to hit you up when I start my next thread which shall be entitled: “I’d rather Row_33 chug irresponsible amounts of jenkem, quaaludes, and rum than be gratuitous in a thread where I’m just trying to be a little biotch to some sympathetic ears.” Taking questions under the pseudonym, “Cool Disco Dan.”

Nope, not advice. Just a ****ty day in the market. Was in it for the solidarity this go round. Nothing to see here ... Yep. I took some good advice and didn’t look the rest of Friday and probably won’t Monday either. That’s the coping mechanism. Trying to avoid a panic sell. Im good otherwise.

Great post and thanks for the insight. I’m going to check out the Murray book for sure. Added to the list. Anyway, I’d love to get back into vintage watches trading/investing for purposes of diversification and as a hobbyist if nothing else but the market has changed and it’s become to hot to make any real coin recently.

Once I’m close to even on some of my actual stock trades (versus my actual investment positions), I want to get that money out of Dodge and appropriate it towards other investment options. Through luck and good timing, stock trading has made me quite a few coins over the last two years but it is not for the faint of heart or the anxious and when it comes to my money I’m both. And I have the gambling mentality now where I wonder if I keep my “winnings” in the market, will the house eventually take it back. I dont have money to throw around but we’re comfortable and have some ok surplus.

You’re not kidding. I also need to learn more about investing. Everything I know I learned through reading zacks, Motley Fool, and yahoo stock ticker articles. True story. I’m also a little bit through “The Intelligent Investor.” I fancied myself a stock wunderkind because I was making some coin without knowing **** about the market outside of opening up an etrade account with 5 thousand dollars to play with. I found (was told about) Shopify at $67 a share. I was in on Netflix at $90 and Shake Shack at $30 something last year and the Trade Desk in the 40s. I was buying stuff that I used because I knew the business. I consider it “pragmatic investing.” I use Netflix and I eat outside at the Shack Shak in Tyson’s at least once a week (if you like Chick Fil A’s chicken sandwich then try Shake Shack’s ...) so it made sense to have ownership in companies that I liked and used. It was working so I thought that I had the formula figured out. So there is a little diversity in my portfolio. I sold many of those over the last year (Netflix waaaay too early) but I still have Shopify and Shake Shack. Along with a shitload of Chinese tech stocks. The Chinese stocks feels like hidden treasure. All those damn people in a protectionist country waiting to be advertised and sold to. So I went all in. Now I have every !@#$ing trendy Chinese stock because I thought I was outsmarting the market. Ha !@#$ing Ha. The joke, for right now, is on me. But I may be singing a prettier tune on Monday so stay tuned. Im using “liquid cash” to say that was money that was in an account that I invested instead of people who borrow money to invest, etc. And I was wrong because I haven’t actually lost anything. Just theoretical losses right now. But it stings like it’s not there.

Well damn. On that note, I’m signing out.

But can you afford a: 7 series bmw (isn’t that what Skooby drove??) helicopter penis reduction surgery sex change operation I was intentionally superficial in the delivery. Pm me and we can get down to brass tacks. Have a good weekend.

It can I guess. It’s not like I need the money to pay my mortgage this month. And I wouldn’t say “sizeable.” A couple years salary maybe. But that loss represents a cool third of my portfolio. I said “almost half” earlier. Not quite that much. But a third hurts. I bought some positions late high thinking I was on the cusp of some !@#$ing revolution - sogo, bili, huya as it flew to nearly $50. And then I bought a few thousand shares in some cases. Those particularly hurt because in some cases they just took a **** down 20+% in two days. I chased. Shame on me. And then everything else is red too. It adds up and it hurts. I’ll still eat tonight. But I was considering an exit strategy to mitigate losses if this were to keep going and since I’m somewhat heavy in chinese stocks (bzun, jd, baba, momo), and if there were something about these global circumstances (read: Us- China relations) that wouldn’t allow for my portfolio to recover. Rough ****. And then there are the other permutations that one runs through ... ”If I were to take half out, eat the loss, but throw that capital into ____ while its low then I could make up the loss if it takes a while for these Chinese stocks to crawl back because of the trade war.”

Good post. I did average down (and up) on a couple of positions but I had to throw some new money into my account because I was fully leveraged. That sucked because I added liquidity to an unpredictable market situation. If you see Micron and Sq up a couple of dollars in the next week or so you know I done good. I will be pulling that new money, including any profits, back out once this settles out.

Outside of my 401k, I wasn’t in the market in 08 ot 01 so I didn’t see the carnage. I always remind myself that there is the possibility to lose money and if I can’t deal with that then I shouldn’t have a brokerage account however that admonition is of little consolation or solace. I’d lose my **** if I tabled 10 stacks in 90 seconds. Like there would be a legitimate misunderstanding with my waiter when I went out to eat that night. Y’all mother!@#$ers would read about how Jason !@#$ed somebody up over an undercooked steak. I would have to deflect that frustration in some unproductive place. I bull **** you not. For many it is. But that’s almost half my little brokerage account so I’d like to not lose it.

I appreciate folks taking the time to respond. I just wanted an unbiased opinion from people who don’t know me as to what they would do. Plus there are some smart folks on here who know more about markets and all that **** than I do. I realize that from previous threads. So thank you again. My first instincts to not panic sell were correct. Well I hope they end up being correct. Everyone here has been right and I appreciate the market wisdom. It’s all just theoretical losses until I hit the “sell” button. I have some positions that I swing trade and some that I have long interest in. I do profit take in my swing positions and don’t worry about taxes.

Fac q that **** sure won’t happen. A man needs a good mechanical watch. I’m anxious but not broke. I’m just a hobbyist. Nothing close to a professional or a day trader. I swing trade and have some long plays. I’ve made a few dollars being mostly patient. It never gets easy seeing losses. Usually I’m diversified enough where I don’t see red across my portfolio. There was a little correction back in february but nothing that took me down 8%-23% across the board. That’s rough. And it’s natural to think about an exit strategy. I don't pretend to understand economics or global politics to get why any of this crap could be helping anyone. It seems counter-productive and disadvantageous. What you say about China and their reluctance to go toe to toe long term, wouldn’t the same apply to us given the impact this entire thing has had on the economy?

Thanks. But you don’t look at your account and **** yourself? Because I did. In seriousness, I get it. It’s panic and anxiety. I didnt. But I’m calculating the losses. I considered it today right before I posted this. Because losing gains is justifiable but I’m on the verge of this trade war bull **** eating into my investment capital and original cost basis. Then the slippery slope anxiety **** starts to set in. And I think about 1929 and people jumping off of roofs and ****. And then I think “I wonder if they thought that everything would be ‘ok’ the day before they jumped off the roof of the New York stock Exchange.” And then I wonder if as they were jumping off the roof, were they thinking “if I would have just sold yesterday, I wouldn’t be jumping off this !@#$ing busted-ass roof.” This **** shouldn’t be an existential exercise. Ive decided to log out and not look again until Monday.

For the sake of argument, let’s just say a person has lost $64, 212 in liquid cash in the market since yesterday at about 10:30 in the morning (not to mention the impact on his 401k etc.). That person would like to know: 1. How is this market condition not Trump’s fault? What is he protecting (please read that not as a loaded question)? 2. To the people who know the global economic impact of trade and tariffs, etc., is all this posturing worth it from a big-picture domestic economic well-being “for the good of the nation” standpoint? 3. In the meanest, most scathing way you can (name-calling is ok) please convince this person that they’d be an idiot to cut their losses and panic sell and walk away while they’re still just barely up on the year (talking within now just hundreds of dollars). This may read like a political attack or a political question but it’s not. I just want to know as apolitically as you can your thoughts more economically than anything. $64,980 Thanks bros.

The whole thing is a bug out to be sure. There is a weird phenomenon in the black community around a hesitance to seem or appear “smart.” It’s considering “selling out.” That’s the dysphemism for acting like you have sense and appearing educated. The other widely used term is “acting white.” Its a bug out, man. And there is still a tendency to feel that way amongst people with whom I grew up. A hesitance to project success for fear of being given the “sell out” moniker. Its almost like a racial allegiance thing. Like black folks should own and have licensed “despair.” And even if you lift out from under it, you still have to pay some tribute to it as an ongoing blackness obligation. Some feel that way. Not all. But those who don’t are typically labeled “Uncle Tom” and ostracized. When I was looking at property in Mitchellville, people kept telling me that that’s where the uppity blacks live and to stay away from that area. I was reading an article by Thomas Sowell about that very cultural phenomenon a year or so ago and, though he’s an Uncle Tom, he was certainly on to something. Its a weird situation. I didnt really run into much pressure growing up because I faked a toughness and a streetness that my mom didn’t allow in our home. So I was able to avoid most of the peer criticism and get by. My mom didn’t allow us to use slang (“ain’t gonna be no jive talking in this house” or better [and as she’s handing us the Merriam Webster’s blue and black covered dictionary], “please find me ‘yo,’ or ‘bruh’ in this dictionary.”). So in truth, the pressure was from moms who went through extraordinary means to not allow us to fall into a street mentality. My brother and I primarily pushed back (gently) on her but without much luck. She didn’t buy us any of the hallmarks of street credibility: Jordans, certain clothing types, Timberland boots. That was the more pronounced pressure at the time. And plus I played sports in high school which was a near exemption from a lot of criticism.

First and foremost, thank you for taking the chance on reformed felons. They have a tough time finding employment (and probably for good reason). With that said, some are legitimately looking to turn over a new leaf, while some others are primed for recidivism. Either way, it certainly helps their chances to succeed if they’re able to re-enter the workforce. What the !@#$ is a parsnip???

I dont know about “private helicopter” but if the stock market keeps cooperating I may finally be able to afford the penis reduction surgery that no one wants me to get but that would help me walk straighter in open spaces. No lentils but I may have sold out on parsnips.

I appreciate you sharing your background. I tend to come from a place sometimes where I think I see everything in the Matrix code while most everyone else is swimming in a world of impracticality simply because I’ve dealt with some disadvantage. I also work off weird assumptions that most white folks haven’t dealt with disadvantages so their outlook on the scope of avenues for the gritty, unpretty part of the world is more academic and the product of enchantment and theory than anything else. Messages like yours, and even Joe’s earlier, serve to put that back into more perspective. Thanks man. Much appreciated. That was a rough time. Can’t believe it was almost 5 years ago. Lesson learned.

Haha!!! I’m working on it. My agreement with my fiancé, so that she would be my fiancé after I creatively gerrymandered the boundaries of fidelity, was that I spent more time with family and less time away from the house or focused on my iPad.

You couldn’t be more correct here in nearly everything that you said. I went to visit an old friend at Jessup after my post. I realized that I hadn’t talked to him in over a year. He was understandably down but talking reclamation and personal development. He’s planning to take classes and get his g.e.d. He talked more about those efforts from a parole resume context than a personal edification context but at least he has a plan. We had a good convo about old times and south east back in the hay (as in “hay day”). He kept asking me how I was doing and I deflected. He asked me was I working and I was evasive in my answers (he knows I went to school but has no clue about my profession or my lifestyle). He asked me where I was staying and I lied. Bold faced lied. Just felt bad because there he was struggling and in the jumpsuit. I just couldn’t bring myself to talk about me at all. So deflected back to him and kept my world off the table. I just told him I was going to put some bread on his commissary to keep him focused and engaged and I left. After I left, I went to the old stomping grounds and met up with a buddy of my, Hasheem. I just was able to get him connected with a Manpower contact I knew so he could get some some work. He’s two years out of prison and was having trouble finding work. He worked at Goodwill and in landscaping but couldn’t stay on because he’s irresponsible. Now to your point, I didn’t drive my nice car when I went. I made a conscious decision not to. It seemed to me inauthentic and unrelatable and not genuine. I didnt want to project any success. I was more concerned with just fitting in and talking **** and not upsetting the cultural apple cart. I just didn’t seem to be keeping it “real.” So I drove my fiance’s old Rav4 which we’re going to give to her younger sister because we just bought her a new Camry. That thought process - the not driving my car, not liking to talk about where I live or my family, trying to avoid projecting a sense of success, fear of being called or even thought of as a “sell out,” is so clearly mental poverty in its most noxious form. Thanks for the shout out man. So many different perspectives around here that I appreciate. I’m just glad to be able to bring a difference lens and angle to add something (hopefully meaningful) to a discussion. Thanks again man and I hope you’re well.

I wanted to use a laughing emoji but I didn’t want to seem insensitive. Then I wanted to equate your mom to my dad and thought better of that because at least your mom was there. So I’ll just since you’re a good dude, someone did something right parentally for ya.

I tend to agree with your mom and I know my mom would too. But man I saw some **** that people just shouldn’t be have to deal with. What sucked was that some parents just didn’t care and gave up on themselves and, by extension, on their kids. My mom would pick my friend Yaru up for school and he would ride with us. His mom was always strung out. Always. Like think Felicia from “Friday” but more emaciated. My mom would give him money for lunch. Anyway, it’s tough to think people with that many strikes against them should win in life without a significant infusion of care from somewhere.

Agreed. I can only speak for impact on the inner cities because I saw it firsthand. It was a mess. Southeast dc in the 90s was a mess. Anacostia High School was a mess. Meanwhile Marion Barry (whom I sat next to in La in 2000 at the Dnc), and his cronies were living very high (see what I did there) on the hog. I have a colleague whom I met at Uva who is from close to Grundy, Va. He tells me stories about Appalachia and the shitstorm it is out there. Mostly white but also profoundly disadvantaged and abjectly impoverished in some areas.

Thanks for the compliment. My mom is great as I’m sure everyone’s is. She kept us honest and out of trouble in environments where we had every reason to get in trouble. Im sure everyone has stories about something great their mom did. My mom just took it upon herself to keep us focused to the point of unyielding level disciplinary parameters growing up. Taking us to Wendy’s during her shift in the summers and making us sit at the back tables and read instead of being at home and getting into trouble comes to mind. I hated it then. Love her for it now. But she had to. Kudos to your dad and sister for working (having worked) in underprivileged areas. The inner cities and other underprivileged areas can certainly stand an infusion of good educators so it heartens me to read things like that. There’s a great Thai restaurant on Thayer if you’re still in the area and you like Thai food. Can’t remember the name. Also, a great one in downtown Silver Spring shopping district up some steps where the water fountain comes out of the ground in that outside play area. I know that sounds like a riddle but I can never remember the name. I love Thai food so if I were to recommend anything since you’re in the area, it would be that. Take care man.