/biz/ - Business & Finance

Diversifying is for morons.

Prove me wrong.

>>1550006
>>1550010

>stop losses on a low float, highly volatile, stock

>>1379631
>>1379633
>falling for the MNKD meme
Literally, fucking how???????

>>1379634
>tell everyone to buy today so they don't get stuck tomorrow
>"I'm going to buy tomorrow guys"
>mfw

Why does it take so long to buy BTC? Is selling it just as long? The lack of instant trades makes me stressed

What was Markie Marks's pitch to yahoo like?

>hey gib me multiple billion good boy points for something with literally no value

REEEE

>>987359

This desu. If you've bought your watch somewhere in the 2-5K price range (which I assume you have, since you didn't refute it) you're an idiot.
You can buy watches that look equally impressive at around 500-700 price range and unless you pay fortunes for a watch, they are indeed pretty much worthless after you buy them. Kind of like how (generic) diamond jewellery loses 5/6 of its value the second you buy some.

Enjoy your 5K watch that probably cost the manufacturer less than 500 to make, and good luck trying to pawn it for 500 when you can't make rent due to making future equally embarassing purchases.

>>933835

I agree with everything this man says. And I'm billionaire and business guru Mark Cuban.

Shark Tank shark and registered douche Mark Cuban, on the topic of taking out business loans:
>if you start a business and you take out a loan, you're a moron
He said this confidently in an interview, but apparently took out business loans himself early in his career.

Here I am, looking to start my own business, but lacking the capital to get the ball rolling. Would I in fact be a moron by taking out a loan to start my business? What does /biz/ think about small business loans?

My business would be particularly expensive, as I will need to start a metal fab shop and take time building prototypes before anything can be marketed/sold.

So a couple of months ago I came up with a really cool idea for a service business, but when I recently started doing some market research I found that there is already a startup in California doing the same thing. That company is about 2 years old and was recently valued at $2 billion, and a couple big players like Google and Amazon have started experimenting on a small scale in the same space.

However, I don't like their approach and I think I can do it better and cheaper. Should I just write this one off and move on to the next thing or should I go for it and try to create some competition for that company with the goal of being bought out by either them or one of the big players like Google/Amazon?