/biz/ - Business & Finance

90% of humanity are sheep, you just have to adjust to the target
You can sell all kinds of snake oil supplements to 15-30 y/os who think its like roiding without side effects, sell extremely overpriced computer parts to zoomers who think 10 more FPS is the reason they’re not pros yet. Etc

Like can you imagine how much money you could get out of the Tate brothers setting up a cigar shop and making bogus claims about the cigars? You could probably slap a 15k sticker on 500 dollar cigars and they’d buy them for the price tag prestige alone.

>>56969997
this man knows

>>56969943
I mean, theres people right now getting scammed of their life savings by jeets. Yes, people are fucking stupid. Its just, we who post on this site are naturally skewed towards the right of the bell curve. A website that is so wordy filters out the hordes of midwits. You will think that the world is stupid if you are a regular poster here because you are not one of them.

>>56969943
>Were boomers really this stupid?
Do you know where you are right now? People on this board do the same stuff except its illiquid shitcoins.

>>56970321
Who the fuck dumps their lifesavings into lowcap shitcoins?

>>56969943
>Were boomers really this stupid?
He... hehe yeah... boomers s-sure were dumb. I totally would never do something stupid like lose a few hundred bucks on a fake internet coin called PepePal because it was shilled relentlessly on a Paraguayan competitive shoots n' ladders board...

Yes

>>56970371
me when i was 19

People spend 10k on a piece of cloth because it has a logo on it

30k more on a car with a different logo

500k more on a house with a slightly bigger room (though they sit on the sofa)

People are insane

>>56970544
Can you imagine not just buying a Honda Civic?
Couldn't be me.

>>56969943
Yes.
Andrew Tate did too when he started his first marketing business

>>56969997
all of the things is nothing compared to the scam of the pharmaceutical industry, people have boundless faith in their representatives, the MDs, and pay for and take whatever poisons they prescribe

>>56970644
Man, I hate the medical field
T. Quit today

>>56970293
>interdasting shitcoin name
>checks website
>says that they're developing every single crypto buzzword, zk tech, L2, NFT, staking,...
>20k mcap
>retarded apes buy it
>it rugs and dev leaves with tax wallet
:O

>>56970587
Are you mad. Have you seen how expensive honda civics are

Kia is the thinking man's car

>>56970391
WAIT A MINUTE

>>56969943
I'm only mad that I wasn't the one who came up with this scam before him.

>>56969943
Yes and it still happens and works with india call centers as proof nothing has changed. People are dumb enough to send "the IRS" a steam giftcard with minimal to no verification.

>>56969943
Only the first half of Scorcese movies are fun to watch.

>>56970660
congratz on leaving that hell, i wish u luck in the future

>>56969943
he was jewish

Look back when the dude the film was based on did his thing there was no internet. You couldn't look up shit. You couldn't go to e-trade or whatever broker and say "buy xxx of this" or "sell xxx of this" Your only source of any stock news was newspapers or tv. So yeah this was a thing. The dude did what in modern parlance is called "social engineering" to get the sucker on the other end to do what he wanted.

>>56969943
Markets weren't that transparent in the L80s. Even into the 90s you were mostly doing everything over the phone including getting quotes. Corporate filings, prospectuses, all that came by mail or you just read the blurb in the newspaper.
In the movie I guess they're just dialing random numbers but these would've really been hot leads they discovered or simply bought.
The modern brokerage business is not so different. Instead of calling you on the phone they pay a youtuber to promote their trading platform under the guise of being an educator. Then they show you lots of totally not reckless strategies and magically, you can find these "tools" in your brokerage account. How do you think the retail brokers make money? Why do you think robinhood offers anyone margin and options with their little $1k account and no experience? Stupid is as stupid does.

>>56970691
You got a hyundai/kia make sure you use synthetic oil and change it every 4000 km with extra to top off halfway through and if its gdi engine clean the intake valves with crc spray cleaner frequently. Also dont buy one manufactured in Mexico.

Meanwhile my very intelligent boomer father, who is definitely above 99th percentile, who scored 10 points shy of perfect on his SAT and who has a stock portfolio worth more than I will earn in several lifetimes, had a faulty transmission destroy his 90k chevrolet after not even 60 000 km, and he went and traded it in for basically nothing to buy another of the same car. And he gets all his service done on schedule at the dealership.