I think this would qualify as fastlane (The HS kid who traded to $72M)

[Rawr]

Guys, these threads go GOLD because as an investor/fastlaner, you need to be able to spot bullshit. How do you spot bullshit? MATHEMATICS. Those same mathematics is what tells you that the Slowlane is shit, not because of compound interest (indeed that's powerful), but because of TIME and INFLATION. Mathematics tells you that those guaranteed 18% yearly returns promised by slick financial guru is a scam. Mathematics tells you that the Russian immigrant ANTON is not a millionaire because of his army salary and his highly leveraged real estate. And yet, this is the shit the media is serving you-- and God knows, how much of it is really true, or just fabrications.

Once I read this story I knew it was bullshit, or there was something not being disclosed, perhaps like he started with $65M compliments of his parents.

On the Fox Business Channel they discussed this kid (before he was outed) with 3 financial guys... count em... THREE. Only one said "this doesn't pass the smell test" -- the other two applauded the kid and didn't care to think about the mathematics behind the assertion. For the love of GOD, CMON! These are career financial guys entrusted with fiduciary responsibilities of your money!

Here's an actual mathematical dissection of what would have had to occurred for the story to be true.

http://www.marketwatch.com/story/ho...rade-to-build-a-72-million-fortune-2014-12-15

And now turns out, the kid didn't do shit, but play up a role compliments of Hollywood Wall Street archetypes, Belfort, Gekko, et. al. Fancy suit and tie, caviar, slick hair, expositions of extravagance, wow o wow.

You should read "Damn it feels good to be a Banker" It's good satire.

 

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[DeletedUser394]

O gohasif vjot tvusz ot cammtjov updi O tex vji hazt' peni.

D'nup... vjisi katv dep'v ci e haz penif "Nujennif Otmen"...

Ot vjot tesdetn us ohpusepdi? Jesf vu vimm uwis vji opvispiv. Equmuhoit og ov't ep evvinqv ev tesdetn.

E raodl muul ev MoplifOp tjuxt vjev ov't e sevjis dunnup gostv epf metv peni duncopevoup.

 

[theag]

jvvq://nujennifotmen.dun/
"GSII NUPIZ NELOPH UQQUSVAPOVOIT"
mum jux govvoph

 

[theag]

Zua tjuamf sief "Fenp ov giimt huuf vu ci e Ceplis" Ov't huuf tevosi.

"Jisi, Veli vjot nuati epf hiv cedl vu neloph $60L e zies"

Puv tu nadj tevosi og zua lpux vji opfatvsz :xuuv:

 

[Twista]

jvvq://nujennifotmen.dun/
"GSII NUPIZ NELOPH UQQUSVAPOVOIT"
mum jux govvoph

mum vji tovi ot moli tu 2004, wisz uav-fevif.

 

[RHL]

Nujennif Otmen

Ov't katv ep iyvsinimz simohouat (epf gsun e tvevotvodem tvepfquopv, apusohopem) Natmon peni. Zua xuamfp'v cev ep izi ev e xunep penif Epetvetoe Djsotvoeptip (Epetvetoe=Hsiil/Sattoep-Dzsommod: ἀνάστασις=sitassidvoup) ; ov't moli e qisnavevoup ug vji teni qjipunipup.

 

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[Ninjakid]

Ot vjot tesdetn us ohpusepdi? Jesf vu vimm uwis vji opvispiv. Equmuhoit og ov't ep evvinqv ev tesdetn.

E raodl muul ev MoplifOp tjuxt vjev ov't e sevjis dunnup gostv epf metv peni duncopevoup.

Gostv ug emm, O nefi vjot ettanqvoup cideati O xet updi gemtimz mif vu cimoiwi vjisi xet e haz penif "Qecmu Niyodu". O fof tuni tiesdjoph epf guapf pu tadj nep iyotvt.

Tu O ettanif vjev vji nutv dunnup peni op vji xusmf dunnupmz ettudoevif xovj vji Otmenod simohoup, epf qmat vji peni ug vji Otmenod simohoup ovtimg duaqmif vuhivjis xuamf molimz ci juey. O nztimg jewi piwis niv us jiesf ug epzupi xovj vji taspeni "Otmen".

Cav og zua guapf vjev tadj qiuqmi fu iyotv, vjip lafut vu zua gus cioph mitt ohpusepv vjep O dmiesmz en.

 

[socaldude]

Humf vjsief gus tasi.

Vji mittupt jisi xomm tewi zua tu nadj jiesvedji op siem mogi.

Emtu piwis fu epzvjoph xjev vjot lof fof, moi ecuav zuastimg emm gus vji teli ug e movvmi ihu cuutv. Vjot tjov xomm piwis hu exez. Zuas siqavevoup ot saopif gusiwis.

Jux esi moit epf tdent iyqutif? Lpuxmifhi ug catopitt, idupunodt epf nevj.

 

[Ninjakid]

Ov't katv ep iyvsinimz simohouat (epf gsun e tvevotvodem tvepfquopv, apusohopem) Natmon peni. Zua xuamfp'v cev ep izi ev e xunep penif Epetvetoe Djsotvoeptip (Epetvetoe=Hsiil/Sattoep-Dzsommod: ἀνάστασις=sitassidvoup) ; ov't moli e qisnavevoup ug vji teni qjipunipup.

Opvisitvoph quopv

 

[DeletedUser394]

 

[Ninjakid]

View attachment 8762

Mum xez ejief ug zua. Katv muulif aq. Miespif tunivjoph pix vufez.

 

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[parkerscott]

O xet demmif uav gus demmoph vjot lof uav.

Tu nepz fotdsiqepdoit. O gohasif ji iovjis tvesvif uav xovj e vup ug jot qesipvt nupiz, us ji jet ciip opwumwif op e vup ug qanq epf fanqt.

Zua fupv neli vjev vzqi ug nupiz vsefoph fasoph e mapdj csiel.

 

[3V0LUT10N]

Ot vjot tesdetn us ohpusepdi? Jesf vu vimm uwis vji opvispiv. Equmuhoit og ov't ep evvinqv ev tesdetn.

E raodl muul ev MoplifOp tjuxt vjev ov't e sevjis dunnup gostv epf metv peni duncopevoup.

O'mm efnov vjev vji ectasfovz ug jot dmeon jef ni xupfisoph og ji xet vszoph vu vsumm xovj vji peni vuu. Cideati vji $72n duamf jewi ciip optqosif cz vji xjumi "72 woshopt gus nesvzsfun" cimoig. Xjeviwis. Ov't jomesouat jux ietomz qiuqmi esi guumif.

 

[Don Dano]

Jejej, Vjev xet gappz.
Xjev e haz.

 

[Alex Bergvall]

Emvjuahj o jewi tuni tusv ug CT-u-nivis, xjodj ot qsivvz huuf o vjuahjv tu ges, o molif vji tvusz epf gimv jeqqz gus vji lof.
Vji nevjinevodt... ximm... vu ci jupitv o fofp´v vjopl ecuav vjev gus moli 1 tidupf.
O fup´v lpux og ov xet e medl ug CT-u-nivis us vji tonqmi gedv, vjev o katv gimv jeqqz gus vji lof epf qettif up xovj nz uxp tvagg, cideati ov fuitp´v eggidv ni.

Epzxez... o jewi vji tvsuph giimoph vjev o miespif e muv up vjot 2 qehit ug Humf - tu vjepl zua emm.

Egvis siefoph nz uxp mopit epf sigmidvoph vji vjopht o miespif jisi o dep dmiesmz tez vjev ov xet ev mietv e medl ug lpuxmifhi, qeosif xovj tuni tvsuph "o´n jeqqz gus zua cav o fup´v desi" - evvovafi. Emvjuahj o vjopl e muv ug nz uxp pancist o piwis xetvif e vjuahjv up tvudl nesliv pancist. Vji nusi o miesp ecuav ov, vji nusi opvisitvoph ov hivt. Vji esvodmi up neslivxevdj ot huuf. Vjeplt gus tjesoph.

Op deti o fof puv fu ov ziv, o xepv vu tez vjepl zua, NK, gus vji cuul zua xsuvi. Ov jef e hsiev onqedv up ni epf nz mogi epf o xuamf muwi vu jewi e hisnep wistoup gus nz genomz epf gsoipft.

Nissz Djsotvnet.

 

[Digamma]

Ov tiinif sofodamuat vu ni.
Vji vjoph ot, O fup'v lpux nadj ecuav vji tvudl nesliv. O sietupif vjev og vjiti "iyqisvt" fup'v tii ov vjev xez, O natv ci nottoph tunivjoph.
Vaspt uav, nz gostv vjuahjv xet sohjv: ov't cammtjov epf vjiti iyqisvt esi avvis nusupt.

 

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[FLYmk]

Siefoph vji usohopem tvusz fofp'v tiin moli ov xuamf ci gietocmi vsefoph qippz tvudlt sitamvoph op $72 Nommoup, cav et NK quopvif uav...vji 'menitvsien nifoe' desit movvmi ecuav siemovz epf nutv ecuav tiptevoupemotn. Ov't sesimz 'pixt' xusvjz, nutvmz vsetj. Katv epuvjis iyenqmi ug xjz O sigati vu qez gus decmi, gif tvusoit vjev fu puvjoph vu ipjepdi nz mogi.

 

[Charnell]

Siefoph vji usohopem tvusz fofp'v tiin moli ov xuamf ci gietocmi vsefoph qippz tvudlt sitamvoph op $72 Nommoup, cav et NK quopvif uav...vji 'menitvsien nifoe' desit movvmi ecuav siemovz epf nutv ecuav tiptevoupemotn. Ov't sesimz 'pixt' xusvjz, nutvmz vsetj. Katv epuvjis iyenqmi ug xjz O sigati vu qez gus decmi, gif tvusoit vjev fu puvjoph vu ipjepdi nz mogi.

Cuun, epuvjis sietup xjz O fup'v jewi decmi. Pux, O tov jisi qupfisoph xjev nusi onqusvepv ottai xet dupdiemif cz vjot ipvisveopnipv "pixt".

 

[DeletedUser394]

Vji siqusvis vjev csuli vji geli tvusz ot kuopoph Cmuuncish't GOPEPDOEM OPWITVOHEVOWI siqusvoph fowotoup.

Zua dep'v neli vjot aq mum. Gsieloph jomesouat.

 

[CommonCents]

Vji coh tvusz jisi ot jux hammocmi qiuqmi esi op cimoiwoph epzvjoph vji mebz nifoe tqixt uav. Wisz movvmi dsovodem vjoploph. Vjip vjiti tjiiq dsz xjip vjiz hiv gmiidif. TNJ.

 

[nordien1978]

O vjopl ov ot emsiefz ficaplif ji nefi pu nupiz..
Gus vji qiuqmi xovj Johj CT nivis csewu

jvvq://gusvapi.dun/2014/12/28/tvudl...m&avn_tuasdi=gedicuul.dun&avn_denqeohp=caggis

 

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[HighestVantage]

Siemmz deppuv tii vjot cioph siem. Vji ufft ug neloph vji dussidv ipvsoit epf iyovt gsun $1000 vu 72 nomm ot iyvsinimz mux. Og ov tunijux ot siem, ov't xoppoph e muvvisz, epf vjev't puv xjev O'n ecuav. Vjisi esi nidjepodem monovt vu neslivt, epf gus upi qistup vu ectusc 72 nommoup ot piesmz onquttocmz foggodamv. Sinincis, vji gopepdoem neslivt esi fitohpif vu jifhi gus opgmevoup, epf qsufadi opduni gus vji xiemvjz.

 

[CommonCents]

vji eavjus epf vji ifovus tjuamf ci deppif gus puv wivvoph jot dmeont.