wallstreetbets is no longer wall street or bets
Hello, dear Regards
Reading some comments over here, recently, makes me think a lot of the **TOURISTS** visiting this place have **never invested a penny**, understood a growth stock, followed the macro, let alone levered the fuck up in a propitious moment in a high-conviction bet
I'm noticing people:
**-not understanding basics of growth funding, SBC, profitability.**
"OMG it's NOT completely GAAP profitable !! who falls for this !!"
**-sharing Ed Zitron level sentiment about AI bubble**
(there's nothing you can invest in if you think AI is even half the bubble Ed Zitron posits it is, idk what you're doing here)
**-hearing the word 'EXPENSIVE'.**
Were you guys born yesterday? this is not r/valueinvesting. I know you never did DCF analysis in your life - and that's good! Just buy what goes up! But don't whine all day about this or that being "eXpEnSiVe", as though high growth was ever cheap. Especially if you ain't betting on it
\-et al
the posts and memes are still SOLID though,
**but the quality of the community is being diluted by tourists who don't share in the duly degenerate yet duly diligent ways**