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11 months ago

(Feb 22, 2021 07:00)

Colombia produces more cocaine now than it did in the early 1990s when drug cartel leader Pablo Escobar was at the height of his notoriety https://t.co/1oQigqFb0M https://t.co/7euYu0ByT5

Retweet count

2,2K

Like count

2,9K

11 months ago

(Feb 22, 2021 10:25)

Elon Musk is no longer the world’s richest person after Tesla shares slid, wiping $15.2 billion from his net worth https://t.co/kn2ruAqwQ6

Retweet count

434

Like count

1,5K

11 months ago

(Feb 22, 2021 10:01)

Daily General Discussion and spitballin thread

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! This thread is for: * General questions * Your personal commentary on markets * Opinion gathering on a given stock * Non advice beginner questions Keep in mind that this subreddit, and this thread, is not an appropriate venue for questions that should be directed towards your broker's customer support or google. If you would like to ask a question about your personal situation or if you are asking for advice please keep these posts in the daily advice thread as that thread is more well suited for those questions. Any posts that should be comments in this thread will likely be removed.

Reply count

586

Upvote count

39

Downvote count

100% up

11 months ago

(Feb 22, 2021 02:12)

Retweet count

296

Like count

814

11 months ago

(Feb 22, 2021 08:46)

Spotify is expanding into 80 new markets across Asia, Africa and the Caribbean in the coming days https://t.co/fFREPt57KT

Retweet count

167

Like count

589

11 months ago

(Feb 22, 2021 02:07)

Let's discuss what people mean when they say "buy the dip"

I've never really bought in to the whole "buy the dip" philosophy for long term investing. I've always figured when you find a stock that you like for the long term, buy and hold. Trying to find dips on which to buy just seems like you're going to be buying in at a higher and higher price over time compared to if you just bought now (assuming you were right about the stock in the first place). Look at Bitcoin, for example. It's down 10% today so if you like bitcoin, you should be "buying the dip" right now, right? But if you like the investment, didn't you like it a week ago too? And you could have bought in for 8% lower then than you could buy today. It would have been much more financially beneficial to buy then, rather that waiting for it to go up so it could drop and you could "buy the dip".

Reply count

177

Upvote count

72

Downvote count

71% up

11 months ago

(Feb 22, 2021 11:56)

'Big Short' investor Michael Burry warns the stock market is 'dancing on a knife's edge' — and fears he's being ignored again https://t.co/Mm7GSbpFQw

Retweet count

190

Like count

507

11 months ago

(Feb 22, 2021 04:02)

LVMH’s Moet Hennessy buys a 50% stake in Armand de Brignac, a Champagne producer owned by rapper Jay-Z https://t.co/2y8qVtgjGj

Retweet count

141

Like count

415

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