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1. bangal+(OP)[view] [source] 2023-11-18 00:22:53
How do I profit from this news. Should I buy or sell MSFT?
replies(7): >>devin+q >>dougmw+F >>kristj+M >>Jumpin+86 >>Fordec+r7 >>astran+o8 >>rchaud+js
2. devin+q[view] [source] 2023-11-18 00:24:36
>>bangal+(OP)
I did both. ;)
3. dougmw+F[view] [source] 2023-11-18 00:25:44
>>bangal+(OP)
Ooof, I would sell personally unless they manage to seize control of OpenAI by Monday.
4. kristj+M[view] [source] 2023-11-18 00:26:02
>>bangal+(OP)
Both, you can't lose!
replies(1): >>voisin+x1
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5. voisin+x1[view] [source] [discussion] 2023-11-18 00:29:13
>>kristj+M
Well, if you are doing put and call options betting on increased volatility, I think you’re right!
6. Jumpin+86[view] [source] 2023-11-18 00:51:16
>>bangal+(OP)
> > How do I profit from this news

Ignore and focus on your life, the grapevine in your neighborhood about who is selling their car or their house is not as exciting but will net you way more money than this happening thousands of miles away from you. And most importantly without having to fuck with leverage.

replies(1): >>bangal+c7
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7. bangal+c7[view] [source] [discussion] 2023-11-18 00:57:04
>>Jumpin+86
Thanks. I'm doing reasonably well in life.
replies(2): >>Jumpin+D7 >>satvik+kW
8. Fordec+r7[view] [source] 2023-11-18 00:58:16
>>bangal+(OP)
MSFT stock already dropped a bit before the bell on the news. That may be baked in by faster movers. This is not stock advice but I'm more inclined to sell NVDA as whatever happens next is a distraction and will slow AI market growth and inclined to buy Google as they have an opportunity here to do some poaching.

But for clarity sake I'm doing neither personally because I'm not a day trader and look more long term.

replies(1): >>cyanyd+68
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9. Jumpin+D7[view] [source] [discussion] 2023-11-18 00:59:30
>>bangal+c7
That is true for millionaires and billionaires alike, the best ROI opportunities investments are geographically close to you before they are sniffed out by other people.

Betting on the World Cup Final vs. betting on a local match where you know a team has been clubbing and drinking until late into the night at your bar.

Local advantage.

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10. cyanyd+68[view] [source] [discussion] 2023-11-18 01:02:28
>>Fordec+r7
if you wanted to day trade, you'd buy msft because this drop is clearly nominally related but the odds that it has a substantive effect is really unlikely. similar stuff happened during Trump's tenure where they just had bots trading on Trump tweets.
11. astran+o8[view] [source] 2023-11-18 01:04:03
>>bangal+(OP)
The same way you profit without the news, buy VTSAX and wait 10 years.
replies(1): >>hidden+Jm
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12. hidden+Jm[view] [source] [discussion] 2023-11-18 02:39:57
>>astran+o8
This, tho.
13. rchaud+js[view] [source] 2023-11-18 03:21:40
>>bangal+(OP)
Buy Worldcoin, obviously /s

They're probably firing up the eyeball scanning machines on this news.

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14. satvik+kW[view] [source] [discussion] 2023-11-18 07:22:49
>>bangal+c7
Who isn't? That does not mean you cannot do well on financial news. The best way forward is to buy VTI/VTSAX (they are eqiivalent, just based on whether you want to buy a mutual fund or ETF) and wait 20 to 50 years.
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