Deep F______ Value

[fareastwarriors]

The best DFV video in my opinion. Also in line with the previous comments, I am not convinced many money managers in the industry do much more than this anyway.

 

 

F*cking hilarious. The reversal of the ticket in the reverse card, and shaking the 8-ball 4 times to get the answer he wanted, is amazing!

 

I know he's having fun with this, but I also have to wonder if this is what he did with GME

 

Lol. Maybe I should replace my screener.co subscription with my kids banagrams.

 

Many money managers are not beating their indices anyways.

Random walk down wall street!

[aryadhana]

Yea I'm not hating on everyone in the field...but the truth is that too many finance folks are too full of themselves(or just in general take themselves way too seriously) and many think they are hot shit because of how much money they make, but the truth is they dont deserve to make the money they do and its not hard doing what they do.

 

Look at this guy Keith....chills in his basement and has fun with it. Plenty of others have mentioned similar things...I think(although I wasnt around for those days) ERICOPOLY even talked about how he'd spend some time researching and then just go for walks on the beach...I cant say I do things much differently. Its a shame folks just dont know any better and therein lies the problem.....the system is setup so that people are not properly educated in matters relating to financial markets and investing. And I can take some good guesses as to why that is....

 

Shame but our laws are designed to make sure people don't learn to steward their money and think about spending and investing.  So much of our wealth is locked up so that we can't spend it until we are frail and weak, and the rules are such that this all has to be professionally managed.  People would be better off if they could use all the money they are owed (in retirement plans, pensions, and future entitlements) to pay off their mortgages and invest what they have left over carefully.  Fewer people would own stocks, but who cares?  The people with enough money leftover after paying down a house and other expenses can take the time to learn a little about investing in stocks or indices; or learn a little about actually identifying honest investment advisors.  Prices would be better and make more sense if people actually had to shop for things with their own money.  This applies to assets and goods as well.  You think maybe bandaids cost $500 at a hospital because no one -- absolutely no one, at literally any point of the supply chain -- is spending anything with their own money, and shopping around as a result? 

 

It's an outrage.