Curious about getting into the stock market and found this. Anyone have a pdf of this or something? Says it’s only 95 pages. Thinking of buying this if nobody else has a pdf and uploading it for shits and giggles lmao

  • 小莱卡
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    1 day ago

    please dont buy stuff because its branded for communists

    • Adkml [he/him]@hexbear.net
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      1 day ago

      Especially if it’s also somebody selling you info on how to make money.

      Step one: identify a mark and tell them you know how to make money

      Step two: charge momey for that alleged information

      • 小莱卡
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        1 day ago

        Its the usual, “when in a gold rush, sell shovels”

  • context [fae/faer, fae/faer]@hexbear.net
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    1 day ago

    i have a friend with a kindle unlimited that i borrowed and read this a couple months ago when someone else posted about it.

    it is 100% ai generated drivel. don’t waste your money.

    • ComradeChopinOP
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      1 day ago

      wow, thanks for letting me know. Would you know of any actual well written books that cover this kinda topic?

      • FuckBigTech347
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        14 hours ago

        The stock market is basically gambling and designed to serve the bourgeoisie. Better to read theory than books on “how to make money”.

      • 小莱卡
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        1 day ago

        There isnt such a thing as marxist investing lmao

      • Adkml [he/him]@hexbear.net
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        The entirety of “this kind of topic” is selling the book to people who want to learn to make money, thereby making the author money and leaving them with no incentive to give actual advice.

      • context [fae/faer, fae/faer]@hexbear.net
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        1 day ago

        i don’t. the gist of the book – and i’ll emphasize again that “gist” is all there is because it’s ai generated drivel – is that if you consider the material basis of the value of companies when making investment decisions, you’ll probably come out ahead against people who are swayed by the empty promises of vaporware. start by reading actual theory, even something short like wages, price, and profit and just apply that to whether you think a company will be worth investing in, and it’ll be a better use of your time.

        • Adkml [he/him]@hexbear.net
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          And even that is abdominal advice.

          The stock market often is counterintuitive to material analysis.

          Tesla is the highest valued car company in America.

          Games top is a hot stock because a bunchnof nerds figured out mass market manipulation, they’re brilliant material analysis was to start selling nfts, somehow their stock remains high.

          • context [fae/faer, fae/faer]@hexbear.net
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            1 day ago

            sure, it depends on what your goals are. if i recall correctly, the book even has a section on fictitious capital that’s formatted as 5 paragraphs with an introductory paragraph and conclusion paragraph and 3 paragraphs in the middle of restating a few definitions of fictitious capital and how marxist investors need to take this in to account when making investment decisions.

  • loathsome dongeaterA
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    I’m a 100% sure it is AI generated drivel, down to the cover and maybe even the author’s name. Look at his other two books if you don’t believe me.

  • lorty
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    Clearly you can invest in the downfall of capitalism /s

    • RedClouds
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      Okay, feels like three per day is still a lot. Nobody’s out there writing three books per day. Unless this is, like, a publisher limit.

      Also I’m pretty sure I bought one of those AI books, for embedded development, a while ago. I would be pretty pissed off about it, but actually it was so poorly formatted and weird that bit was pretty funny. It was like 12 bucks for a joke.

      Now it’s a good way to show to people that AI generated slop even exists in book space, a cheap lesson.

      I got the proper textbooks too, so I did get the information I was looking for.

      • 小莱卡
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        1 day ago

        Its a very common scam, i remember the crypto twins making a video about how they churn out audible audiobooks through “ghost writer companies”, this was before generative AI was popular so you can bet its all AI now.

    • DamarcusArt
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      Amazon marketplace is already like 80% AI written books by volume.

      • Łumało [he/him]
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        Holy shit, this quick? Burning do much energy for this shit is another part of me that is dumbfounded.

      • 小莱卡
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        1 day ago

        And whatever is not AI is low effort word salads by ghost writing companies.

        • DamarcusArt
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          17 hours ago

          That’s what AI replaced. They don’t need to pay a contractor 0.0012 cents per page if they can get an AI to do it for free!

  • Lussy [any]@hexbear.net
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    Damn, it’s a shame it’s probably AI generated. I would be interested in reading something like this

      • frippa@lemmy.ml
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        1 day ago

        From personal experience I can say that the stock market of less financialized economies (like China, and to a lesser extent Germany) aren’t that good for investing. As a proof just look at the performance of the US stock market (most financialized economy in the world) against the stock market of virtually any other country, you’ll find out that the US stock market very often performs better. At the expense of the real, material, economy.

        (Just to clarify I’m neither a financial expert nor a big investor, just somebody who’s saving for retirement since the pension system in my country is a complete joke)

    • ComradeChopinOP
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      The cover “art” is AI generated too💀 , and there’s zero reviews