Artist, musical performer, and former derby skater from the Midwest.

I’m single, childless, and married to freedom and adventure.

@artbyflashmob on Instagram

ACAB and Anti-War

  • 8 Posts
  • 890 Comments
Joined 2 years ago
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Cake day: June 12th, 2023

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  • That’s not 100% true. One can make educated guesses based historical patterns. Here are a couple of examples.

    For instance, in 2008 when the markets crashed, the travel industry crashed harder and oil stocks tanked. The same happened in 2020 and the oil stock I bought at a 90% discount paid off my student loans a few years ago after the rebound. (Thanks, Permian Resources.)

    Another, you can follow the portfolio of a federal legislator like Nancy Pelosi or Ted Cruz, because for them, insider trading is legal and they profit handsomely from it, and when given the opportunity to make it illegal Congress always votes it down.

    You’re right that things can never be 100% predicted, but we can make educated choices based on historical info, yes. This is why every mutual fund page you look at gives you the name and tenure of the fund manager.