mattfca

5 ms·

1.
by mattfca 11mo ago
Person A has a net worth of 2B Person A has a loan at 500M backed by their holdings Stocks drop 50%, Net worth is now 1B Person A buys $500m of stocks Market Recovers 100% Person A now has 2B original holdings and 1B gains, $500m owned = 2.
2.
by mattfca 11mo ago
what is incorrect with what they are saying?
3.
by mattfca 11mo ago
thats sort of what you get when you take a bunch of developers opinions as facts on an ever changing global economy. a lot of comments dont really understand finance; and are just repeating gut feelings they align with
4.
by mattfca 11mo ago
you understand that costs rise on devaluation of the dollar right? as the usd devalues these stocks will also skyrocket profit/revenue
5.
by mattfca 1y ago
the classification of a tool being right for the job does not depend on how people use it someone holding a hammer by the head and failing at getting the nail in doesnt mean a hammer is a bad tool for nailing
6.
by mattfca 1y ago
this describes me and my experience exactly
7.
by mattfca 1y ago
you have a fundamental misunderstanding of govermental debt and the US.the US CAN 100%, its not a guess its a fact, spend away their troubles forever. learn how the global economy is, understand what fiat is, find out what your missing. (fi
8.
by mattfca 1y ago
you cant call out a bias when you are doing the exact same thing.
9.
by mattfca 2y ago
low effort post
10.
by mattfca 9y ago
I read around 70 space operas a year on my kindle. Before getting my kindle 3 year ago? Nothing. Kindle is amazing for reading at night when my partner is sleeping or while travelling. I use amazon prime and "borrow" the books