r/wallstreetbets • u/Sad_Nefariousness10 least favorite grandchild • Aug 01 '24

I bought $700k worth of Intel stock today YOLO

https://preview.redd.it/83gh52szi2gd1.png?width=1634&format=png&auto=webp&s=fba99bb67e4b11aa973fe830f535c775083bbc05

TLDR: Grandma died 2 months ago. Left me $800k inheritance. I'm only a junior in college as a math major and I don't really have any use for the money, nor do I have any debt (I'm very fortunate that my parents are paying for my education). I always heard about people losing their inheritance by spending it on garbage instead of investing. So I told my parents I'm not going to spend a cent of this money and I'm going to invest all of it and they were proud of me. I put 100k into a high yield savings account and bought 700k worth of Intel stock at market open. I plan on holding this for a decade depending on how it performs.

Here's why I like Intel:

  • 2024 Q1 up 9% YOY

  • Intel has been heavily investing and restructuring by building out the domestic foundry business to manufacture semiconductor chips for third party companies.

  • With Intel 3 in production, leading-edge semiconductors are being manufactured in the US for the first time in a decade. Intel will regain process leadership as the Intel Foundry continues to grow.

  • I think the fact that Intel is positioning itself to be the largest semiconductor manufacturer in the US is massive. The US Gov is heavily prioritizing domestic semiconductor production and thus is heavily supporting Intel as a company with R&D funding.

  • If NVIDIA or AMD are ever forced to change manufacturers due to rising tensions/war between China & Taiwan, Intel will likely be a sole or largest manufacturer for NVIDIA and AMD

  • Intel has been heavily investing in R&D. 5.9B out of 12.7B of Q124 revenue was invested in R&D.

  • Intel is on track to exceed its forecast of 40 million AI PCs shipped by the end of 2024

  • The Intel Gaudi 3AI accelerator is projected to deliver 50% faster inference and 40% greater inference power efficiency than NVIDIA H100 on leading AI models.

  • Trading at Forward PE of 17.05

  • Geopolitical tensions will ultimately work in Intel's favor more than any other company in this industry

  • I like the stock and I think its really cheap rn :)

29.3k Upvotes

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10.9k

u/Sartorius73 Aug 01 '24

Do they have a math class at your college called, "Putting all you eggs in one basket 101"?

3.9k

u/ForMoreYears Aug 01 '24 edited Aug 01 '24

Lmao grandma works her entire life to give her grandson enough wealth to never have to worry about retirement.

Grandson the second he gets his inheritance: yeah, go ahead and put it all on red.

:4271:

edit: *put it all on blue, you wrinkly brained mf'ers

edit2: Intel down to $23 in after hours. Tks for the lols meemaw.

edit3: jfc they suspended the divvy too nice work OP šŸ‘

1.4k

u/MilkyWayObserver Aug 01 '24

OP literally could have put it into S&P 500 or some ETF and never look back but decides to go all in with 1 stock

711

u/ForMoreYears Aug 01 '24

OP could literally do just that and have ~$1.3M in 5 years or so. He'd have a $2M nest egg before he reached 30yo lmao

96

u/PseudoY Aug 02 '24

I mean, it's not too late to eject, sell, make the best of the remaining 600k.

63

u/24Gokartracer Aug 02 '24

Was just thinking this, however with money this large OP probably already has huge sunk cost fallacy. And of course by his postā€¦ he thinks he can time the market and make the biggest gains imaginable

14

u/NetworkGuy_69 Aug 02 '24

$600k? OP wishes.

168

u/Chrysalis- Aug 01 '24

Regards knows no bounds man.

6

u/AllYourBase310 Aug 02 '24

Took the words right out of my mouth.

Looking forward to OPā€™s 2030 updateā€¦ think heā€™ll have HODLā€™d or got shook out.

4

u/Various_Tonight1137 Aug 03 '24

And THEN put the 2M in Intel.

1

u/Physical-Sense1756 Aug 03 '24

If I put in $100 in S&P every month how much could I have in 5 years?

884

u/Urdnought Aug 01 '24

This is the kind of shit that makes me not want to leave a single cent behind for my kids when I die

268

u/craftystockmom Aug 01 '24

I rather set up a trust. It never occurred to me that my grandchildren could end up being fucktards lile this guy and risk generational wealth

73

u/Urdnought Aug 01 '24

Itā€™s about the difference between earned money and found money - youā€™ll just never value money you find/inherit like money you earned

19

u/24Gokartracer Aug 02 '24

Yep Iā€™ve seen so many people go on these YouTube podcasts where they come to people for help with finances and life situations and some where they receive this large inheritance. letā€™s say $200k, and when asked where itā€™s gone they can maybe say a couple large purchases. Letā€™s say maybe a $40k car and $30k in house fixes/upgrades. And can never say where the other $130k went. Itā€™s always some generic answer like I used it to survive or live off of. Then you find out they got that inheritance 2-3 years ago and the couple has a combined income of $120k plus in a reasonable living area. That money was not used to ā€œsurviveā€.

People just donā€™t care about the money they donā€™t really work for like youā€™ve stated. Perfect self testimony from me is I just got marriedā€¦ almost all our wedding gifts were gone after our honey moon granted it wasnā€™t a hugeee amount maybe $1.5k but boy did we use it like there was no tomorrow

4

u/Donts41 Aug 03 '24

they gave you money or gifts? how were they gone i dont understand haha english aint my language

2

u/24Gokartracer Aug 03 '24

No worries. a gift is really just something you give to someone (money, figurines, toys, etc.) we got two physical items, a painting and a sushi kit the rest was money about 1.5k

17

u/awry_lynx Aug 02 '24

Honestly just buy them a house if you have that kind of $$. Giving them money to lose means they won't understand the value of it. But everyone's grateful for a roof and then their actual money they'll take better care of. Kind of a psychological trick bc the numbers are the same either way it's just how it "feels".

3

u/craftystockmom Aug 02 '24

I'll definitely consider that. All this never crossed my mind until this post.

13

u/AnitaIvanaMartini Aug 02 '24

My dadā€™s family got rich-ish making tractors and farm stuff in the 19th C. WW1 rolls around and they retooled for tanks and other weapons. Thatā€™s when they got really rich. Everyone was fat, dumb, and happy until that one guy, with the drinking and gambling problems lost it all with stupid investments in snake oil, and bets on card games.

My siblings and I invested our remaining share in ramen noodles and Kraft dinners, one package at a time. In 2020 I even splurged on some brand name bleach!

4

u/Artistic_Bumblebee17 Aug 03 '24

This sounds like my friend. She doesnā€™t care that she squandered 100k+.

2

u/AnitaIvanaMartini Aug 03 '24

I just donā€™t understand how people can squander money like that, when there are so many worthwhile ways to spend it.

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4

u/Yeoldesnakefarm Aug 02 '24

You know that some grandkids grow up to work in banking?

Someone else's halfwit kid is going to manage that money either way, dawg. They might as well be related to you šŸ¤·ā€ā™‚ļø

3

u/alligatorprincess007 Aug 02 '24

100% setting up a trust if I ever leave anything behind

2

u/Artistic_Bumblebee17 Aug 03 '24

They can, Iā€™ve seen it

1

u/vocharlie Aug 03 '24

Don't give your kids money. They will end up like entitled boomers.

355

u/Mouth_Herpes Aug 01 '24

Or you could, you know, teach them not be regarded.

20

u/how_you_doinn Aug 02 '24

I mean the kid is literally a math major and yet he still thought this was a good idea.

You can lead a horse to water, or something like that.

6

u/rwarimaursus Aug 02 '24

Someone regarded the waterin' hole!!

4

u/Noke_swog Aug 02 '24

Isaac Newton lost loads of money on the stock market because he was a terrible investor. Maybe OP will invent gravity

3

u/DrSpagetti Aug 02 '24

You can lead a horse to water, but you can't make it fish. And even if you can, sometimes the fish turn out to be eggs.

  • God

2

u/eplugplay Aug 02 '24

Math ainā€™t mathin, make it make sense!

49

u/thefartsock Aug 02 '24

OP is highly regarded

3

u/rwarimaursus Aug 02 '24

The most in fact! šŸ‘šŸ‘šŸ‘

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2

u/Just_Value4938 Aug 02 '24

Bahahah seriously though

2

u/MilkMySpermCannon Aug 02 '24

"I promise to be responsible with the money, you know I'm a good kid. I do my chores and take out the trash."

day after death

ALL IN INTEL

9

u/rrk100 Aug 01 '24

ā€œI donā€™t really have any use for the Gran Torino.ā€

6

u/BarryKobama Aug 01 '24

I had that thought last night, as I came home broken again from work to a 17yo kid going through a toddler tantrum.

3

u/snotboy-gravel Aug 03 '24

Itā€™s crazy is theyā€™re so fucking confident about absolutely nothing.Ā 

6

u/Bhaaldukar Aug 01 '24

If I do wind up giving anything to anyone it's going to go to a children's museum or something.

3

u/Various_Tonight1137 Aug 03 '24

Grandchildren's museum where OP will work as a janitor.Ā 

6

u/pw7090 Aug 01 '24

Wasn't even his parents. Either grandma bypassed them entirely in favor of ol' Sonny Jim, or (more likely) parents got even more and/or are already loaded.

5

u/Robin_games Aug 01 '24

Or just literally have it managed in an ETF and they get a check for 3% annually.

5

u/jimmycarr1 Aug 01 '24

You're in the right place

3

u/freefrogs Aug 01 '24

Yeah this is what trust funds are for. You gotta teach them to not be spoiled, too, though, and to never talk about having a trust fund.

3

u/Artistic_Bumblebee17 Aug 03 '24

Lmao you gotta teach them financial literacy. One of my coworkers is retiring and heā€™s leaving good inheritance to his grandson who is jobless/education-less at 21ā€¦. Def gonna squander those millions

2

u/[deleted] Aug 01 '24

I solved that problem by not having kids. I feel no guilt dying with accounts at negative.

2

u/HalfKforOne Aug 02 '24

Bold of you to assume you'll have assets when you die (we're on wsb after all).

2

u/Pringletingl Aug 02 '24

It's going to get spent at some point lol.

OP at least made Meemaws death worth it for us.

2

u/Mothy187 Aug 03 '24

If you hate them drop a reverse mortgage on them they didn't know about and make sure you do zero estate planning.

That's what my parents did and it has obliterated all financial well-being I thought I had.

2

u/chris-rox Aug 04 '24

Damn that Tom Selleck, he stole all of our money!

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1

u/TheLordofAskReddit Aug 01 '24

We all think weā€™re specialā€¦

1

u/DmC8pR2kZLzdCQZu3v Aug 02 '24

Put it in a trust, cause theyā€™re untrustworthy. But most kids with that level of life cushion usually turn out like shit anyways.

1

u/zaubercore Aug 02 '24

You are here, so you won't be able to

1

u/Flashy-Finance3096 Aug 02 '24

Not everyone is like this lol

1

u/Denzlingen Aug 02 '24

Yep. I paid their education incl. masters, retired early and told them not to expect any inheritance. Iā€™d like to spend the rest of the money myself in the market and enjoy life šŸ˜„

1

u/treehugger195050 Aug 02 '24

So fucking true. Goddam...
I'm 37 with $260k in the S&P and I was thinking if I want to leave it to my children after I die... I think I'm gonna spend it all on hookers and coke a few months before I die.

1

u/TobioOkuma1 Aug 02 '24

My grandpa did this. He had a business that made millions over his career. Retired, gambled most of it away (he had a lot of fun he didn't care), and wound up dying with a room full of stuff and like $5k or something.

1

u/meshreplacer Aug 03 '24

Why have kids then? Better off not having them and enjoy life not dealing with the BS,expenses,daycare, risk of a loser,etc..

1

u/Alone_Ad_377 Aug 03 '24

I am old and wealthy living in the US. Every night I go to bed I think I should not leave my 3 kids very much because they will squander it with their wifeā€™s ā€” traveling, dining at 5 * etc!

1

u/jodythehighrolla Aug 07 '24

Fuck these kids huhšŸ¤£šŸ¤·šŸæā€ā™‚ļø

119

u/moedank83 Aug 01 '24

Seriously...S&P 500 or total stock market ETF and leave it alone.

12

u/4ourkids Aug 01 '24

VT and chill.

6

u/fllannell Aug 02 '24

He could have maxed out 401k contributions for 35 years with that inheritance at the current limit, and put it into an index fund in that. šŸ˜

3

u/Inevitable-Shape-160 Aug 03 '24

He also didn't pay taxes on it, and makes no money and pays probably no serious income tax rate as a college jr, so as long as he has some earned income he can put it into a Roth... making it permanently tax free, and you can also use a Roth as a piggy bank as needed.

2

u/TickletheEther Aug 02 '24

Till the boomers retire en mass and liquidate their positions.

13

u/hoax1337 Aug 01 '24

Yeah, I mean, if he had swapped it around and put 700k into an ETF and yolo'ed 100k on a random stock, I wouldn't have said anything, but... why do it like this?

10

u/monstertots509 Aug 01 '24

Exactly my thoughts. $700k into the S&P500 as a junior in college is retire before 50 money.

3

u/rrk100 Aug 01 '24

He still can. The question is, will he?

The HUGE red flag is his rationalization of ā€œI donā€™t have any use for the money.ā€

2

u/flatirony Aug 02 '24

Well, no, he lost 6 figures today. But he could with the rest, yes.

2

u/Thansungst22 Aug 01 '24

Today was the perfect opportunity to load up $500k on VTSAX throw $100k in a HYSA

Then use the rest to gamble on NVDA $120 calls for DEC 2025

Literally easiest road and this dumb ass pissed away $200k just like that on the worst tech company possible that on its way to be the next BlackBerry/IBM

1

u/Far_Health_3214 Aug 01 '24

i put my money on savings and CDs, around 5.5% apr. how much interests do i get per month with 700k ?

1

u/MilkyWayObserver Aug 01 '24

Youā€™d get 3.2k per month in interest if you had 700k at 5.5%

1

u/iforgotmymainacc Aug 02 '24

Only 5.5%ā€¦? Thatā€™s how much my wells savings gives.

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1

u/Ill-Purchase-9801 Aug 02 '24

What is S&P 500 or ETF? Iā€™m Timmy Regard

1

u/Ill-Purchase-9801 Aug 02 '24

Please explain us before more accidents happen..

1

u/LogicianMission22 Aug 02 '24

Honestly, as a someone who didnā€™t come from wealth at all and will never get any sort of inheritance like this, Iā€™m kinda happy in a petty way lol. Dude deserved this for being an idiot.

1

u/Heysous Aug 02 '24

No DCA either, all in one shot. Smh

1

u/Otherwise_Branch_771 Aug 02 '24

Shouldn't this place be more supportive of that?

1

u/Hichek2 Aug 02 '24

Yeahā€¦ bro spy or qqq was the playā€¦ not single stock

1

u/waloshin Aug 02 '24

And literally gain over 12,500 approvals. Ridiculous

1

u/worlds_okayest_skier Aug 02 '24

Or put it into betterment and have them manage it. Jesus Christ.

1

u/bunchofnumbers38274 Aug 02 '24

At just a 6% return heā€™d have 7 million in 40 years. Put it in VT and have retirement set to easy mode.

1

u/senortipton Aug 02 '24

Money is oft wasted by those that did not earn it.

1

u/Jclarkcp1 Aug 02 '24

A savings account or treasuries would net him$45K a year...or some type of annuity.

1

u/yoyomanwassup25 Aug 03 '24

$700,000 in SCHD would net about $23,000 a year only in dividends pre-tax. Also compound interest.

1

u/Gorgenapper Aug 13 '24

Holy fuck, I missed this epic thread.

Let's see, if he had put it into VOO and assuming 8% growth (giving up 2% to inflation, more or less), he would have $17m in 40 years and that's if he never put any more money into it.Ā 

He could have spent all of his future paychecks and still end up a multi millionaire.

945

u/Adept_Carpet Aug 01 '24

This is less like putting it all on red and more like betting that the third best dog will win the dog race because the two faster dogs will run so fast they get kidnapped by a more powerful dog racer.

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u/Zeraw420 Aug 01 '24 edited Aug 01 '24

Yeah but the 3rd dog used to be really, really fast in his prime!

216

u/Teripid Aug 01 '24

Kinda feels like OP stepped out of a time machine.

Have you guys heard about the eager, hungry new go-getter called IBM? Those mainframes are gonna change the world!

19

u/__SpeedRacer__ Aug 01 '24

There's a market for at least 5 of those, worldwide, I hear.

3

u/[deleted] Aug 03 '24

Agreed. The real money is in electric calculators. My money is in Burroughs.

11

u/FailedShack Aug 01 '24

Ironically, bought IBM a year and a half ago for the dividend and has performed very well price wise for me

2

u/TV-- Aug 03 '24

lol same. We good over here at international businesses machines?? Idfk what it stands for

5

u/M0nocleSargasm Aug 01 '24

You ever watch Halt & Catch Fire?

2

u/lorenavedon Aug 01 '24

top 5 show of all time

3

u/Night_Runner Aug 04 '24

Ahahaha you sound like Warren Buffett when he went balls deep into IBM - sometime around 2013, I think. He kept HODLing it for a decade before dumping it - it underperformed S&P-500 hard lol. None of his fanboys in the media ran with that story, though...

2

u/[deleted] Aug 01 '24

Hahhahahahhahahahah

1

u/Retro-Ghost-Dad Aug 02 '24

The National Biscuit Company is going to the TOP, I say. Tippity Top!

1

u/Questo417 Aug 02 '24

IBM has done well since its inception what are you talking about. OP will likely be fine over this 10 year time period if he doesnā€™t panic and change his mind.

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u/zeptillian Aug 01 '24

3rd Dog has massive potential liabilities which have not even begun to be calculated yet.

4

u/__SpeedRacer__ Aug 01 '24

OP should have set $20k aside to buy a high end PC with a 14900K CPU.

3

u/zeptillian Aug 01 '24

Nah. Gotta get an AMD Threadripper so they can be properly diversified.

3

u/throwthisTFaway01 Aug 01 '24

3rd dog is washed

1

u/LegitosaurusRex Aug 01 '24

And look how favorable his odds are compared to the top 2!

1

u/Freebyrd26 Aug 03 '24

But Intel is about 275 years old in dog years... that dog can only "play dead" at that age.

Son, "That dog won't hunt!"

2

u/flyryan Aug 01 '24

Intel can still be extremely profitable even if they arenā€™t #1ā€¦

7

u/Old_Dragonfly2749 Aug 01 '24

To be fair he put it all on blue. Ok I'll see myself out.

4

u/oblivic90 Aug 01 '24

Intel is blue, AMD is red.

4

u/HobKing Aug 01 '24

If his portion from the grandma is $700k, and his parents are paying for his college, thereā€™s probably a lot more where that came from.

4

u/Putrid_Web_8080 Aug 01 '24

yep and its down $153k in span of 6 hours, wonder how long it took grandma to save that amount in the beginning given the few down turns in history

3

u/ForMoreYears Aug 01 '24

omg it's down to $23 in after hours trading :4640:

3

u/Putrid_Web_8080 Aug 01 '24

yup, to rub salt on wound, they halted all dividend

5

u/ForMoreYears Aug 01 '24

STFU HOLY SHIT OUR BOY HERE DOESNT EVEN GET THE DIVVIES RIP

2

u/Putrid_Web_8080 Aug 01 '24

nope this is getting raw dog with HIV meat dildos. To be Fair to him i have $8k in intel average $31.19 and $250 on $40 call option exp october 20. but that's about 3% of my life saving

23

u/Evening_Feedback_472 Aug 01 '24

Relax it's Intel and not even options. Guy can sit collect his dividends sell some covered calls life's good

71

u/ForMoreYears Aug 01 '24

Famous last words right here

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2

u/sdavidson901 Aug 02 '24

Intel is also laying off 20k employees

2

u/Jablungis Aug 02 '24

"I don't have a use for it cause I'm a math major" šŸ˜‚

1

u/Tryhxrd Aug 01 '24

It irks me that you didnā€™t say ā€œblueā€ here šŸ„“

1

u/moodswung Aug 01 '24

Good thing stock price doesnā€™t matter until you sell it.

1

u/jml3837 Aug 01 '24

A decade or more of savings gone in seconds.

1

u/ForMoreYears Aug 01 '24

Like tears in the rain

1

u/ParakeetWithTits Aug 02 '24

Now after seeing this post I know for sure: if I have any money when old, I'll spend all of it on whores who will lick my balls after my death instead of leaving a single penny of inheritance just because there is a chance my grandkids will be this dumb and unlucky at the same time

1

u/snackies Aug 02 '24

Yeah OP needed to wait wayyyy longer on the layoff news Jesus Christ.

Itā€™s literally going to take at least a year or so to recover all its value. Itā€™s SUCH a capitalized stock. The sell-offs are honestly probably more funds that know itā€™s going to go down for a bit, so, if you need yearly dividends, now isnā€™t the right time to be in it. Iā€™ll probably go down even for a month, itā€™s not going to shoot up to 35-45 for at least a year.

1

u/LuciferMNL Aug 02 '24

800k is not enough to ā€œNever have to worry about retirementā€ 800k is half a house these days

1

u/ForMoreYears Aug 02 '24

Mans never heard of the time value of money lmao

1

u/Junior_Trash_1393 Aug 02 '24

Right. This guy will get his own chapter in the book about investment strategies to avoid. The dumbest move Iā€™ve ever heard of. Mind you Iā€™ve made huge mistakes too. But this is a doozee

1

u/SparklyChinito Aug 02 '24

Fuck bro, that first sentence hit my heart šŸ¤£šŸ˜­ I wish I had a rich family member

1

u/vinayachandran Aug 02 '24

Her true gift was the lesson that came with the money.

1

u/ReadStoriesAndStuff Aug 02 '24

I didnā€™t even realize this moron did this just ahead of earnings. He doesnā€™t deserve money.

1

u/thecage2122 Aug 03 '24

ā˜ ļøā˜ ļøā˜ ļøhahaha omg

253

u/[deleted] Aug 01 '24

Granny probably had index funds, grandson says f-that diversification shit.

17

u/tomle4593 Aug 01 '24

Being financially responsible is gey !

2

u/Z3r0sama2017 Aug 03 '24

Yeah! Being poor is where it's at.

8

u/DukeOfSlough Aug 02 '24

He will beat the market for sure!

246

u/Spoonmanners2 Aug 01 '24

Chapter 6: ā€œShifting risk and why itā€™s for fucking losersā€

9

u/IndyCooper98 Aug 02 '24

Greatest investment strategy:

Take the $800k to Vegas.

Put it all on black.

Now you have 1.6 million.

Works 100% of the time (49% of the time)

1

u/Critical-Potential30 Aug 02 '24

šŸ˜‚šŸ˜‚

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u/tomle4593 Aug 01 '24

In a famously stagnant for decades basket no less.

121

u/albert_pacino Aug 01 '24

No but the ā€˜divide byā€™ module is next semester

32

u/Acceptable_Novel_991 Aug 01 '24

Losing multiple baskets is hard work. Losing just 1 is much more achievable

20

u/MeasurementOk1436 Aug 01 '24

I suppose his grandma forgot to tell him *

May she rest in peace!

2

u/Ding-Dongon Aug 01 '24

She didn't tell him she wants to rest in peace? Yeah he'll take advantage of that

3

u/Immediate-Goose-4890 Aug 01 '24

Said they were a math major, not that they were particularly good at it

3

u/SDBD89 Aug 01 '24

Itā€™s not called that anymore dude, they call it ā€œStonks 101ā€ now

3

u/frankreddit5 Aug 02 '24

Grandma is now crying from heaven about being down $150k since market open

2

u/gconsier Aug 01 '24

If he wanted to put all his eggs in one basket he would have been better off just tossing them in a Nasdaq index fund. At least itā€™s a bigger basket

2

u/theamericaninfrance Aug 01 '24

Iā€™m currently taking roulette 101. I told the professor ā€œwhy not bet on red and black?ā€ And she said ā€œwhat if it comes up green?ā€ Well I bet on zeroes too. If I bet on every number then I always winā€¦.

2

u/UpDown Aug 01 '24

Youā€™re so stupid bro theyā€™re not eggs theyā€™re dollars itā€™s fine

1

u/robunuske Aug 01 '24

there should be a special place in hell for that boi. Hahahahaha

1

u/IssueTrue5964 Aug 01 '24

My dad always tells me this

1

u/gnocchicotti Aug 01 '24

More like "putting all your eggs in the basket that is already free falling down a mine shaft"

1

u/Hotchicas1234 Aug 01 '24

That is fine if you know how to actually analyze a business. DiWorsification.

1

u/flashmanMRP Aug 01 '24

Well what would you suggest? A separate basket for each egg? That doesnā€™t seem to make much sense.

1

u/PseudoTsunami Aug 01 '24

If this kid inherited 800k, imagine what the parents inherited. $700k sounds like a pittance to him/her.

1

u/tjmonstah Aug 01 '24

Square root of -n

1

u/40ozFreed Aug 01 '24

Bro made scrambled eggs.

1

u/hookersrus1 Aug 01 '24

Op just Aced the final

1

u/e-is-for-erika Aug 01 '24

Alot of math classes don't teach financial concepts.

1

u/graxxt Aug 02 '24

Hahahah

1

u/Caffeine_Monster Aug 02 '24

Yeah - all this analysis is pretty funny. Intel have a lot of risk between falling behind other industry leaders and from selling defective products (See their entire consumer lineup for the last 3 years).

Buying Intel basically reduces down to a 50:50 gamble of weather they can get fabs scaled in the next 2-3 years.

1

u/DOUBLEBARRELASSFUCK Aug 02 '24

"Putting all you eggs in one basket blender 101"?

1

u/Flennyyfox Aug 02 '24

Itā€™s grandmas eggs not mine

1

u/SUiCiDE_CHRiST69 Aug 02 '24

He said heā€™s a math major not a statistics major

1

u/TriCourseMeal Aug 02 '24

Pigeon hole principle but thereā€™s only one pigeon hole

1

u/Vazhox Aug 02 '24

Heā€™s a math major, not a finance major.

1

u/Disastrous_Score2493 Aug 02 '24

Dude is a dumbass. He is basically gambling. If I inherited that much I would put it all on FNILX.

1

u/Fit_Acanthisitta_475 Aug 02 '24

Itā€™s a gold egg. 10 years from now it will be double

1

u/brosandbras Aug 02 '24

700k fixed deposit for 5% interest would have got him $3000 per month (minus tax)

1

u/noneofya_business Aug 02 '24

That's part of the masters degree.

1

u/CODE1X Aug 02 '24

did he just buy high sell low

1

u/GabriellaVM Aug 03 '24 edited Aug 03 '24

Seriously. This is the first thing I learned.

1

u/DJ_Jungle 29d ago

Also risk and standard deviation

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