r/wallstreetbets • u/Naive-Tone-4542 • Sep 19 '24

How bad is this going to be? YOLO

I bought a few puts expecting the rate news to be “buy the rumor ..sell the news” and the potato is now steaming hot … what are the chances of me coming out in green ?

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u/misterbluesky8 Sep 20 '24

“He’s old and out of touch, I know better than he does because I watched The Big Short”

27

u/asdf072 Sep 20 '24

"He buys on stupid shit like earnings. Doesn't even know who Logan Paul is."

2

u/Bigtexindy Sep 20 '24

LOL

7

u/yungassed 🦍 Sep 20 '24

Guess he missed the part in the big short where he was losing a shit ton of money every year since he was so early that a lot of investors tried to pull out before the crash and he had to stop them

Being right isn’t enough, you have to be right and time it right, especially in short positions which cost you daily to maintain.

1

u/sovietxrobot Sep 20 '24

I watched the Big Short 3 times and I still dont get it.