this post was submitted on 24 Jul 2025
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Lemmy Shitpost

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[–] UnderpantsWeevil@lemmy.world 10 points 1 day ago* (last edited 1 day ago) (2 children)

Buying at the all time peak is ALWAY a stupid buy

If you bought NVIDIA at $43/share on September 1, 2023 you were an absolute dipshit.

If you bought Palantir at $35/share on January 29, 2021 you were a total moron.

Meanwhile, Bear Stearns at $60 in March of 2008? A fucking steal. Buy! Buy! Buy!

Like playing the slot machines hoping for a jackpot.

I always read the prospectus on a slot machine before I put money in. Strangely enough the p/e on these things is amazing, but I never make any money on my trades.

[–] HenryDorsett@lemmy.world 2 points 1 day ago (1 children)

I'm curious as to how much casino's rig their shit.

MIL is a gambler, a bad one too. I don't think numbers will help her, but my wife could use them to try to dissuade her mother. At least, deter. Damage control.

Do you have any documentation?

[–] InternetCitizen2@lemmy.world 2 points 1 day ago (1 children)

You should get her a cheap steam deck with Balrato. Might help.

Also: Nevada gaming regs for slot machines

And: Darknet Diaries Jackpot episode

[–] HenryDorsett@lemmy.world 2 points 1 day ago

Not interested in Balrato.

A steam deck is also out of reach for now.

Thanks for the regs, and I hadn't check that podcast out in a while. Good reason to get back it!

[–] finitebanjo@lemmy.world -4 points 1 day ago (1 children)

Lmao, no surprise to see you defend actual slot machines.

[–] JackbyDev@programming.dev 2 points 1 day ago (1 children)

I'm fairly certain that was meant as sarcasm.

[–] finitebanjo@lemmy.world -3 points 1 day ago (1 children)

Poe's Law. If people like them didn't really exist then casinos wouldn't be profitable.

[–] JackbyDev@programming.dev 1 points 1 day ago (1 children)

Please show me the prospectus that slot machines have. Using a term associated with legitimate investing is why it's humorous.

[–] finitebanjo@lemmy.world 1 points 1 day ago (1 children)

If they were sarcastic they should amend with the /s

You dont get to be treated respectfully when spewing stupid bullshit because the whole world is filled with stupid bullshit and you're adding fuel to the fire.

[–] JackbyDev@programming.dev 1 points 1 day ago

I don't think someone saying they check the prospectus of a slot machine is spreading stupid bullshit, they're making a joke. It's okay if you didn't get it. There's no reason to be defensive or get upset.