I kind of hate this term. it originates from the US/UK withdrawal from Polynesian islands after the local economies had been warped to depend on food shipments via plane. when people started starving, they tried to replicate what they observed as rituals associated with the arrival of planes - bright yellow vests, reflective rods to signal where planes should land, etc.. desperate people did something desperate and I hate that we denigrate them for it.
the military bases on relatively small islands decimated the local flora and fauna. we commandeered their boats during the war and deforested the islands so they couldn't build more boats to go fish. calling it a cult of any kind is utterly bizarre and it shifts blame for the tragedy onto the victims and allows the west to mock them for it. we inflicted famines because we didn't view them as fully human. we didn't even do it intentionally - we gave literally no thought to them or their continued existence. and we memorialize those dead as "cargo cultists" - because it's their "barbarism" to be blamed and not the withdrawal of an empire.
this is like reading one of those accounts of "how Amway ruined my life", but right before the author realizes it was a scam all along and all that effort they put into it only served to destroy more lives.
anyway, strengthPlan more like weakPlan. boom, gottem.
Im terribly grateful to you m’lord for selling me this golden goose, and I believe very much in it, but Sire the thing is, the golden goose you sold me, well it isn’t laying golden eggs m’lord.
this is even worse than the normal religious belief of the unknowable rectitude of the market, this is a child praying for divine intervention without any adults or religious figures to temper their expectations
In gambling terminology, "bear" and "bull" refer respectively to thinking that a bet is bad or good, so a "tesla bear" would be someone who thinks that "tesla will be more valuable in the future" is a bad bet
i assume it gets into gambling from stonks bear and bull markets but stock markets and gambling are kinda the same so it's possible it's older in explicit games of chance
So if I had shorted tesla stock like 3 years ago does that mean I'd have money now or would I have had to invest like a lot of money to get anything from this?
Or be really insanely lucky with timing, like how I almost bought $1k of bitcoin in 2009, or how my brother almost invested in Tesla same year (we were almost lucky)
The problem with shorting is that it's an expensive position to maintain, so you have to get the timing bang on or you can lose potentially infinite money
If you bought the correct put options, you could make a lot of money. But timing is everything, sometimes there are no good news for Tesla, but the stock shoots up by an entire Ford market cap in a day anyway.