# Game Over (Game On?) for Financial Markets?

**URL:** <https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908>\
**Category:** NYSpeed Off Topic\
**Created:** [September 14, 2008, 6:45pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908 "2008-09-14T18:45:10Z")\
**Posts on this page:** 20\
**Page:** 114

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**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [December 20, 2023, 2:02pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2261 "2023-12-20T14:02:55Z")

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Been building my cash position rather than index funds lately.

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [January 11, 2024, 12:04am UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2262 "2024-01-11T00:04:06Z")

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![20240110_190332](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/5/c/5c57d437f2e2c1d39802961580d8dfbf92365b36.jpeg)

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**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [January 11, 2024, 11:17am UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2263 "2024-01-11T11:17:20Z")

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Would have been a genius move if you could remain composed.

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [January 11, 2024, 12:20pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2264 "2024-01-11T12:20:44Z")

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I mean, it went from $248 to $229 a share. You’re not getting rich on a 7.7% drop in price.

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**Author:** ![drvnkd](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/drvnkd/32/109615_2.png) [@drvnkd](https://forums.speedlife.net/u/drvnkd)\
**Post date:** [January 12, 2024, 4:32pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2265 "2024-01-12T16:32:33Z")

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> [@The Rapid Move To All Electric (But Real Goal = No Personal Cars)](https://forums.speedlife.net/t/the-rapid-move-to-all-electric-but-real-goal-no-personal-cars/1414045/578):
>
> I like the free email updates I get from seeking alpha every day. Not enough that I pay for their service, but my stock investing is just play money on the side.
> 
> I should have bought ZIM on the Houthi attacks but expected it to drop more before NATO got serious and bombed the fuck out of the rebels who keep attacking ships. The 16 site strike last night with promised heavy retaliation by the Houthi’s makes ZIM an interesting one to watch the next few days. Shipping volume will just continue to double and triple for some time so being able to get in low on some maritime shipping stock because of a short term regional conflict is probably a good bet.

@JayS That tracks. Freight companies have been screwing me thanks to the issues in the Panama canal. I have had shit stuck there for over a month.

I did hear something about traffic in the Suez going down due to conflict also.

A lot of stuff is getting rerouted around South Africa and I there will likely be capacity problems once all the ships have to take the long route.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [January 12, 2024, 8:10pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2266 "2024-01-12T20:10:21Z")

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I have a distribution agreement with an Israeli tech company that just took a few million $ in VC from ZIM.

wish i could get some insider info but no such luck.

have also been watching ZIM stock. it’ll bounce back for sure at some point. i guess they’ve doubled in the last couple months but they used to be over $80 and paid a dividend which they have since cut or reduced to near 0

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**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [January 16, 2024, 2:11pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2267 "2024-01-16T14:11:55Z")

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They would have to buy options which can be easily fucked up

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [February 26, 2024, 1:51pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2268 "2024-02-26T13:51:02Z")

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Interesting read this morning. Should definitely get nervous when the big players start moving to cash…

> It seems like a lot of bigwigs are cashing in on the market while the going is good. The selling is also taking place across different industries, with Jeff Bezos dumping $9B worth of Amazon (AMZN) shares this past week, while JPMorgan (JPM) CEO Jamie Dimon unloaded $150M of the bank’s stock in his first-ever sale. Meta’s (META) Mark Zuckerberg additionally took profits by dropping $650M in shares of the social media giant in recent weeks, as well as a number of big sales by other executives and directors like the Walton family of Walmart (WMT).
> 
> Snapshot: These bulletins may get some investors nervous, even if the sales were telegraphed in advance, with smart money departing some of the most valuable companies in the world. Over the weekend, the latest glimpse of Warren Buffett further showed that Berkshire Hathaway’s (BRK.A, BRK.B) cash pile continued to grow, hitting a record of $167B at the end of 2023, up nearly $40B over the course of the year. As the market continues to hit all-time highs, are these high-profile players getting liquid and out when they can, or is there a bigger picture at play?
> 
> While the personal moves make splashy headlines, it’s important to recognize that many CEOs or founders wait until stocks hit records to cash in or diversify their wealth, which is the case in all the firmly established companies mentioned above. It doesn’t mean that the market is going to tank or enter a correction anytime soon, but rather a recognition that these players have been waiting several rocky years in the aftermath of the pandemic to take money off the table. As for Buffett, he’s been sitting on a cash hoard for a long time, and he’s known to only put his money to work if an opportunity is undervalued, the price is right, and he fully understands the investment.
> 
> Oracle of Omaha: “There remain only a handful of companies in this country capable of truly moving the needle at Berkshire, and they have been endlessly picked over by us and by others,” Buffett detailed in his annual letter. “Some we can value; some we can’t. And, if we can, they have to be attractively priced. Outside the U.S., there are essentially no candidates that are meaningful options for capital deployment at Berkshire. All in all, we have no possibility of eye-popping performance.”

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**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [February 26, 2024, 5:51pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2269 "2024-02-26T17:51:51Z")

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I’ve been adding to my cash position the last six months, waiting for a meltdown to make my next purchase.

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**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [May 13, 2024, 1:03pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2270 "2024-05-13T13:03:48Z")

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![image](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/5/2/529d1ca658898e871901b71b0f047907ae161b4e.jpeg)

i’m not in the running this time, those already holding shares are the believers that have been holding since 2021

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [May 13, 2024, 2:13pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2271 "2024-05-13T14:13:16Z")

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all of it is an op to steal money from retail… just another form of gambling.

not saying i wont participate. i bought 1 share just to tell future generations i participated but i bought that share near the top.

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [June 29, 2024, 10:54am UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2272 "2024-06-29T10:54:58Z")

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Can’t BS your way forever I guess.

> Since 2015, the approach has been tested in the fire of the marketplace and failed. Academics have tried to repeat McKinsey’s findings and failed, concluding that there is in fact no link between profitability and executive diversity. And the methodology of McKinsey’s early studies, which helped create the widespread belief that diversity is good for profits, is being questioned.

[https://www.wsj.com/finance/investing/diversity-was-supposed-to-make-us-rich-not-so-much-39da6a23](https://www.wsj.com/finance/investing/diversity-was-supposed-to-make-us-rich-not-so-much-39da6a23)

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**Author:** ![Z28pr0jekt](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/z28pr0jekt/32/5393_2.png) [@Z28pr0jekt](https://forums.speedlife.net/u/Z28pr0jekt)\
**Post date:** [June 29, 2024, 3:48pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2273 "2024-06-29T15:48:18Z")

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A couple years ago I was tasked with valuing several initiatives that McKinsey had initially valued for my company. McKinsey’s valuations were 5-10x the actual potential opportunities. As a result of all of that cluster fuck, I wouldn’t believe a thing McKinsey says either.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [June 29, 2024, 5:50pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2274 "2024-06-29T17:50:10Z")

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diversity, ESG etc. etc. it’s all subversion to destroy western institutions.

meritocracy is the only way… and it pretty much requires men to wrestle with each other to get anything of value done.

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [June 29, 2024, 10:23pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2275 "2024-06-29T22:23:36Z")

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> [@bing](#):
>
> meritocracy is the only way

MEI bro

> It’s a big deal whenever we invite someone to join our mission, and those decisions have never been swayed by orthodoxy or virtue signaling or whatever the current thing is. I think of our guiding principle as MEI: merit, excellence, and intelligence.
> 
> That means we hire only the best person for the job, we seek out and demand excellence, and we unapologetically prefer people who are very smart.

> **[Scale is a meritocracy, and we must always remain one.](https://scale.com/blog/meritocracy-at-scale)**
>
> MEI: merit, excellence, and intelligence

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [March 15, 2025, 1:41pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2276 "2025-03-15T13:41:05Z")

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Is this… Generating Alpha?

 ![20250315_085401](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/a/4/a4cb1e5ff7e0624322f0e810a3d69310ebb16de4.jpeg)

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [March 15, 2025, 4:20pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2277 "2025-03-15T16:20:57Z")

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it’s off my a little just on account of covid money printing but not that far off.

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**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\
**Post date:** [March 16, 2025, 6:09pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2278 "2025-03-16T18:09:32Z")

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It’s all a cycle

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<div class="post-metadata">

**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [March 18, 2025, 12:14pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2279 "2025-03-18T12:14:06Z")

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Just keep stacking them index funds!!

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**Author:** ![drvnkd](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/drvnkd/32/109615_2.png) [@drvnkd](https://forums.speedlife.net/u/drvnkd)\
**Post date:** [March 18, 2025, 3:32pm UTC](https://forums.speedlife.net/t/game-over-game-on-for-financial-markets/54908/2280 "2025-03-18T15:32:50Z")

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I need to find a good fund for an inherited ira i have been sitting on while waiting for a good crash.  
😪

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