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Do you think it's important to acknowledge that you got lucky with a gamble? If you have kids, would you advise them to make a similar move as you did, in the hopes that they also get lucky and win big? If not, advertising only the benefits of your choice just lures desperate people who will statistically lose their investments.


It wasn't luck, it was a well researched and well played short squeeze with a gamma squeeze before that. I made my money on the gamma.

I used to be a trader (series 7 and 63) and knew what I was doing.


Don't take this the wrong way, but if you worked as a trader and knew how to how to identify and research these opportunities, then why were you paying car, house, and student loans for 35 years until the GameStop opportunity came around?


An even better question is why did he pay off the debt. With the status of inflation and rates at present, it's infinitely smarter to keep the debt and reinvest the profits from the GME trade. He's clearly talking about something like 20%+ interest payments on credit cards but mortgage rates that can be outpaced by bond investments.

All around, he doesn't seem like he knows how to manage his money.


I only draw 65k per year salary but made an extra 80k in investing last year. I usually average draw about 30k let year from 1 year and a day stake. I can do that year after year. I work when I want and am beholden to no one.


The good money in trading is in fees. I worked in risk management (on the Merc) which led to compliance for M&A which led to counter intelligence for the Army which led to IT security. 9 years of college, multiple deployments, a divorce, and lots of living leads to debt.




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