/biz/ - Business & Finance

Why is everything on this board about shitcoins?

If you guys spent anytime figuring out how to build DCF's and NAV's and Comps you'd be able to back your investments some reasonable logic.

I always come back to this board hoping it will be filled with well educated IB and PE bros but it's just a bunch of n00bs that run to whatever get rich quick scheme exists in the moment.

Unified power of an anonymous image board could be making you guys so much more money if you spent time reading MD&A's instead of shitcoin youtube videos. Post LEGITIMATE investment thesis in this thread only.

Saying "I think Amazon will go up because everyone is buying from them right now" doesn't count.

The only way you make money is if you have an idea that isn't already priced in to the market.