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watifurdadpulledout t1_iybx1pv wrote

BLOOMBERG TERMINAL. AND NO, YOU CANT AFFORD IT.

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barneyaa t1_iyc9tdh wrote

24k/year? I don't know man, I've seen portfolios of over 1m around here...

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Over_Shoulder_3228 t1_iycr14m wrote

The 1 mil portfolios prolly have it…he’s talking about brokies like you with negative 100k and notice of eviction for leveraging your house.

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whboer t1_iycl12k wrote

24k over 1 m would still mean handing over 2.4% of total capital per year just to have more info

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Fat_Pig_Reporting t1_iycn02x wrote

2.4% for more info is better than handing over 99.6% for less info tho.

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whboer t1_iyd8mey wrote

That Is assuming you know what to do with said information. Fund managers have this info, yet the average fund manager underperforms SPY on a consistent decade long period, and those folks have been taught to actually understand business fundamentals and valuation. I’ve seen degens here gamble away 1m+ in SPY calls, to the point that I’m wondering how these folks were ever in the position to have such vast capital- and how unfair it is, knowing so many intelligent, well-intended and talented people who grew up poor and will require their entire lives to break out of it and put their genes into a better class within society just to give their future generations a chance at freedom.

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