Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?
This is your opportunity to ask questions. No question too simple or too silly.
Culture war topics are accepted, and proposals for a better intro post are appreciated.
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Notes -
Someone recently claimed that people here would greatly outperform the market given their higher-than-average intelligence. So let's run a hypothetical - you've got $1m and your goal is to 5x it (pre tax) in the next 2 years. Perhaps we can look back at replies to this post few years later and see how everyone does. Anything goes, from investing to leveraging your unique skills or connections if you have any.
My plan would be this: 900k into a leveraged Uranium long. 100k dry powder for any other opportunities - long Korean hardware stocks (Samsung, SK Hynix) right now, then rotate to INTC leaps and/or lithium, then try to time crypto bottom and buy a few good coins on spot (LINK, HYPE). I think Uranium position does a 3-4x so would have to do a magical 14-23x with that $100k.
This:
ie “if you’re so smart, why aren’t you rich?” was a favorite discussion topic both on the SSC open thread and on this forum in the early days, and still comes up occasionally.
I don’t think it’s a hugely useful conversation. Almost nobody beats the market in the long term, and if you can consistently beat benchmark by a few percent a year for a decade or two you’re a star fund manager.
To make the kind of return you’re describing you need to gamble or cheat (or both, as the latter generally amounts to the former).
If I was gambling, I’d try to ride the comedown of the emerging markets bond boom of the last couple of years (which is inevitable whenever larger cracks appear in the global credit market).
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