I might be wrong, but reading this, I couldn’t help but think: if we’ve reached the point where we’re building apps to get our kids into investing, maybe we’re living through our own “barber moment.”
I might be wrong, but reading this, I couldn’t help but think: if we’ve reached the point where we’re building apps to get our kids into investing, maybe we’re living through our own “barber moment.”
I'm sure Mr. Rothschild would be fine with this learning tool.
Reality: Dump everything into Nvidia / S&P 500. Number go up.
Maybe we should get into what Natalie Rothschild said while being interviewed, about her family's fondness for incest? Or would that be anti-Semtiic as well?
What exactly can you say about the Rothschild bloodline (except for praising them) that isn't considered anti-Semitic? Please do tell!
Criticize individuals all you want, but don't do it by "bloodline", ethnicity, or whether they're a banker or not. Agency lies with the individual.
Sorry but I'm not going to kowtow to your ridiculous logic. It's perfectly fair to lob criticism at bloodlines, and if you had ever opened a history book you would readily understand that.
- the exact opposite of criticizing individuals; you're really just going after the group
- the definition of prejudice
- the foundation of most (all?) giant human catastrophes like the Holocaust, the various communist land reforms, the crusades, and all sorts of horrible events
I'm a conservative, but I have to say this idea of not being prejudiced is really something great that liberalism brought to the table over the past 100-200 years. I'm gobsmacked to see people rejecting this idea.
If I navigate to - https://en.wikipedia.org/wiki/Genealogy_of_the_Rothschild_fa... - every section of the page mentions the family being involved in banking. Am I stereotyping members of the Rothschild bloodline by saying they're involved in international banking? I don't think so.
I'm equally gobsmacked by people who claim we shouldn't utilize pattern recognition or who want to pretend stereotypes materialize out of thin air.
Thank you for pointing this out. I'll try to be more careful in my choice of words moving forward.
I definitely did not mean to sound like I was into eugenics or racial purity - I think these concepts are grotesque and as you said, people that focus on them or use them to excuse atrocities are indeed, very bad people. Thank you for giving me the benefit of doubt and highlighting why my choice of language is problematic.
"Bloodline", as in, the line of inheritance for an extremely wealthy and powerful family, like Medieval monarchs.
Perhaps we should be a tad more careful about our language use, but I see far too much outright bigotry to be worried about something obviously not used as a dogwhistle.
Still, if a 10 year old had started investing 10% in the market in 1920 and stuck through it during the depression, even with no income coming in at the time, they would have done handsomely through the recovery and into old age. In fact, a middle aged person who had been investing until 1929 would have not been fully cleaned out, and that money would have recovered its value by 1943. Margin was what killed fortunes in the day, so the lesson to learn is to avoid margin for your investment portfolio. (Speculation is a different story).
There is no such thing as "growth detached from value" lasting forever.
Even George Hotz understands this is the symptom of a larger issue and it is going to end bad: https://geohot.github.io/blog/jekyll/update/2025/10/24/gambl...