• Phoenix Capital...
    06/19/2013 - 15:17
    The Fed has spent TRILLIONS of Dollars and failed to deliver anything resembling economic growth. The number of people who are of working age who are actually working has barely budged since the 2009...

Friday Humor: Are You A Better Trader Than A 5th Grader?

Tyler Durden's picture




Over a decade ago, it was moms and pops downing tools and picking up mice to day-trade the latest and greatest dot-com wunder-stock from their home-office/kitchen table. Now, as equities perch atop a pile of rotten Federal Reserve effluent, it is tweens and below that are sought for their stock market prowess. Forget Rachel Fox - the 16 year old actress-cum-Jesse-Livermore, now we have 11-year-old Rachel Kelly from Naperville who is touted as an example of the greatness of our education system by CNBC because, "because people are going to need to trade stocks long after we're gone... it's inspiration for other 11-year-olds out there." Indeed we are.

 

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Fri, 03/15/2013 - 14:17 | 3333076 lotusblue
lotusblue's picture

We've offerrd her a partnership,awaiting permission from Mom.

Fri, 03/15/2013 - 14:23 | 3333106 SafelyGraze
SafelyGraze's picture

she also contends that shale is just a headfake .. the real deal is still the pipelines in and near georgia, plus the off-balance-sheet movement of funds through drug production

where does she get all her information?!

Fri, 03/15/2013 - 14:33 | 3333140 cifo
cifo's picture

It must be from zerohedge.

Fri, 03/15/2013 - 14:34 | 3333145 Half_A_Billion_...
Half_A_Billion_Hollow_Points's picture

shoeshine boy moment

Fri, 03/15/2013 - 14:39 | 3333164 DJ Happy Ending
DJ Happy Ending's picture

True story:

My friend's 16 year old son has Down's Syndrome.

Last year he got into play-trading as a fun way to learn math.

His return for 2012 was 32%.

Fri, 03/15/2013 - 14:40 | 3333168 machineh
machineh's picture

He's smarter than the average sell-side analyst.

Fri, 03/15/2013 - 14:45 | 3333181 Killtruck
Killtruck's picture

11 year olds are still trading in this market?

Fri, 03/15/2013 - 15:26 | 3333274 SafelyGraze
SafelyGraze's picture

11 year olds are investing heavily in ccw for its long-term upside

http://www.nyse.com/about/listed/lcddata.html?ticker=cxw

also, a basket of aerospace technology companies

http://en.wikipedia.org/wiki/List_of_unmanned_aerial_vehicles

 

Fri, 03/15/2013 - 16:41 | 3333476 YHC-FTSE
YHC-FTSE's picture

Brain froze up for a few minutes after reading the sentence, "16 year old actress cum". But it's back now.

 

So I think I understand this market. Other than the robots, it's 27 year olds selling jump risks for less than 1bp - $5 billion a pop to 16 yr olds, and the 11yr old are buying prisons to lock them both up? It would make sense for the kids to invest in UAVs as well - to hunt down the rest of us who hoard "barbarous relics". 

Fri, 03/15/2013 - 14:43 | 3333170 smlbizman
smlbizman's picture

 this is definetly the humor of anthony jeselnik.....

Fri, 03/15/2013 - 14:50 | 3333198 adr
adr's picture

You know, we had a problem with my mom, she's a holocaust denier.

Yeah, I know, terrible. Got so bad we needed an intervention.

So we had a rabbi come to the house, teach her the whole history of the Jewish people. After that she did a complete 180, doesn't deny the holocaust anymore.

She can't believe it only happened once.

Fri, 03/15/2013 - 16:15 | 3333403 Matt
Matt's picture

Actually, it has happened several times. The Romans tried to exterminate the Jews in ~72 AD / CE. Throughout the "Dark Ages", many countries in Europe had purges once in a while to kill off / drive out Jews, Gypsies, etc. 

Fri, 03/15/2013 - 17:42 | 3333591 strannick
strannick's picture

I figured this at least would be one thread that rabid  jewish hating zealots couldnt hijack into a Nazi soapbox, yet here you are. Such mental agility...Oh wait I forgot,Nazis are a Zionist figment of the Jewish controlled media and Isreali lobby. I hear it was Stanley Kubrick who faked the footage.

Fri, 03/15/2013 - 15:21 | 3333265 Sudden Debt
Sudden Debt's picture

True story:

You give a iPad to a 15 year old kid and give him the passwords for iTunes from Dad...
2 days later, dad's creditcard is charged for 5000 dollars of free game add on's....

Kids can only manage money when they are tought the risk reward of money through the earning process.

It's plain idiotic to even give acess to a platform for trading to a kid.
What you gonna do when the kid start writing options and the bank come to claim 500k on a trade gone bad?

Idiot only even weight this option... only in America I guess... or Japan...

Fri, 03/15/2013 - 15:49 | 3333327 Groundhog Day
Groundhog Day's picture

march 2000:

CNBC anchor:" hi your on Buy,sell or hold"

10 year old: " what do you think of AOL buy sell or hold"

Anchor: "how old are you"

10 Year old: "i'm 10, my day gave me 10k to invest in the stock market"

cnbc anchor: "that's just amazing"

 

The rest is history 

Fri, 03/15/2013 - 14:33 | 3333142 FEDbuster
FEDbuster's picture

Maybe Uncle Warren is getting ready to dump Becky for someone younger?

Fri, 03/15/2013 - 14:17 | 3333077 dominmoscow
dominmoscow's picture

"Now, as equities perch atop a pile of rotten Federal Reserve effluent..."

Tyler at his bitter, acerbic best. 

 

Fri, 03/15/2013 - 14:29 | 3333125 FEDbuster
FEDbuster's picture

When the septic tank fails and needs to be pumped out, it isn't going to be pretty.

Fri, 03/15/2013 - 15:48 | 3333323 Pure Evil
Pure Evil's picture

It'll make the Fukushima Tsunami and residual nuclear disaster look tame by comparison.

Fri, 03/15/2013 - 14:19 | 3333078 BLOTTO
BLOTTO's picture

And Mila Kunis as well Tyler...

.

http://ca.finance.yahoo.com/news/mila-kunis-rotates-cash-stocks-11253893...

.

Kunis, however, remained coy about what stocks she's investing in, responding with a firm "no" when asked what her portfolio consisted of.

.

Thanks for the stock tip Jackie... you BlackSwan you

Fri, 03/15/2013 - 14:21 | 3333097 HD
HD's picture

Be nice. She makes millions by playing "make believe" - she would make an exceptional central banker or CNBC talking head.

Fri, 03/15/2013 - 14:25 | 3333112 McMolotov
McMolotov's picture

Plus she's hawt, like most Ukrainian women.

Fri, 03/15/2013 - 14:36 | 3333152 cifo
cifo's picture

She can move stocks up or down, for sure.

Fri, 03/15/2013 - 14:38 | 3333165 adr
adr's picture

Ehh, not so good looking without makeup. Like most Ukrainian women, small eyes.

Fri, 03/15/2013 - 14:46 | 3333184 McMolotov
McMolotov's picture

I'd still give her the best 30 seconds of her life.

Fri, 03/15/2013 - 14:46 | 3333186 adr
adr's picture

I'd probably beat you with 15

Fri, 03/15/2013 - 16:01 | 3333369 optimator
optimator's picture

She'd brag to her friends about your encounter, saying you remined her about the American Revolution, comparing you to the founding fathers and the War for Independence!  (She'd say you reminded her of the minute men!)

Fri, 03/15/2013 - 15:58 | 3333356 optimator
optimator's picture

But your "second trip" (you'd have to make three trips on that one) would.....

Fri, 03/15/2013 - 16:07 | 3333379 Pure Evil
Pure Evil's picture

Has anyone considered that she might be a Jewish Princess?

for all the goy haters

Maybe that's also the reason she's such a rising star in Hollywood

Fri, 03/15/2013 - 16:35 | 3333454 Blano
Blano's picture

She's pretty average I think.  No Katherine Webb that's for sure.

Fri, 03/15/2013 - 14:26 | 3333115 moonman
moonman's picture

At least she is incredibly hot

 

Fri, 03/15/2013 - 14:34 | 3333149 azzhatter
azzhatter's picture

That Kunis girl should just stick to being hot

Fri, 03/15/2013 - 14:36 | 3333156 azzhatter
azzhatter's picture

Kunis- "I used to just put my money in CD's and stuff until I began to feel Bernanke up my ass so I started following Cramer because he's an obvious faggot"

Fri, 03/15/2013 - 14:53 | 3333203 BLOTTO
BLOTTO's picture

Quick - someone contact Jennifer Hudson for her thoughts on QE3...

.

"If you want it you got it. You got to believeeee…believe in yourself...lalala"

 

Fri, 03/15/2013 - 14:18 | 3333081 uno
uno's picture

CNBS new audience, grade school.  Guess adults didn't pan out

Fri, 03/15/2013 - 14:23 | 3333105 azzhatter
azzhatter's picture

Searching for the Bozo audience who will also enjoy Cramer

Fri, 03/15/2013 - 14:51 | 3333127 knukles
knukles's picture

Rachel Cramer

What a nice name.
Can they get hitched in Arkansas?
Willy Boy Presiding?

 

PS News Item:  (Seriously) "Carnival's business appears to be stabilizing"  Get it stabilizing?  Listing?  LOL
What the fuck?

Edit. They're listing on the New York exchange

Maniacal laughter

Fri, 03/15/2013 - 14:29 | 3333124 McMolotov
McMolotov's picture

In a sane world, this would mark a top for the market — you know, since they're bringing in kids to talk about stocks.

But in Bernankeland, this shit can probably go on forever.

Fri, 03/15/2013 - 14:31 | 3333134 knukles
knukles's picture

That's a long fucking time....
OMG

Fri, 03/15/2013 - 14:39 | 3333166 NotApplicable
NotApplicable's picture

Asymptotes, bitchez!

You can't get there from here.

Fri, 03/15/2013 - 14:53 | 3333205 css1971
css1971's picture

Yeah you can: http://here.com/

Fri, 03/15/2013 - 14:56 | 3333211 adr
adr's picture

Hey if we can't get their parents to invest in stocks, we'll get the kids. They haven't learned anything yet, public schools. See even the name indoctrinates them into the world of public everything. Imagine how much money we could make on the swim team IPO. Heard they got this girl that can swim like a fish. The Boulder bio lab has got one hell of an herbal garden going, oohhh new medical marijuana IPO, we'll call in Boulderdash.

Fri, 03/15/2013 - 14:19 | 3333087 HD
HD's picture

The Fed has been running massive QE for about half this girls life...

Fri, 03/15/2013 - 14:21 | 3333093 Aziz
Aziz's picture

Fuck you Bernanke!

Fri, 03/15/2013 - 14:48 | 3333188 machineh
machineh's picture

Any 5th grader who's read Jack and the Beanstalk can tell you that QE4evah won't work.

Fri, 03/15/2013 - 14:21 | 3333098 Cdad
Cdad's picture

Warning labels, Tyler.  With Cdad's proprietary BlowHorn [CNBC] Unwatchable Indicator reading north of 100, you should advise the brotherhood that watching this clip may cause permanent damage to the brain stem.

 

Fri, 03/15/2013 - 14:21 | 3333100 Unprepared
Unprepared's picture

Are you telling me that if I "like" AAPL on facebook, I should expect to get a dividend payout + trending capital gains?

Fri, 03/15/2013 - 14:23 | 3333107 Praetorian Guard
Praetorian Guard's picture

What the hell is this girl smoking, AND the CNBC guy??? Hello, McFly, anyone home? It takes FUEL to create those silly electric vehicles, in fact it takes MORE fuel over the course of its existence (hybrid) than the manufacturing of a normal, fuel efficient vehicle.

It still takes energy, unless you think you can suck electricity out of thin air... oh, thats right, we can't have coal or nuke plants because they are toxic... I guess we can put all the fat people on electricity generating tread mills and solve out energy AND health care issues all at once... fucking retards...

Fri, 03/15/2013 - 16:27 | 3333438 Matt
Matt's picture

Electric cars are a fantastic deal. Other people get so subsidize your driving!

Let's see, electric car fueling around here: $0.10 KwH

Fueling a car: ~ $1.30 CDN per Litre.

using electricity, you can drive up the price for everyone else, and not pay road taxes, even though you are using the roads! Plus, taxpayers dollars are used to create the charging terminals for you! 

http://www.vancouversun.com/technology/laying+groundwork+electric+surge+...

Let's see, a more "realistic" or "fair" price for electric car would be:

$0.20 KwH to cover investment for future electricity generation

since road tax is about 50% on gasoline, another $0.20 per KwH

plus, let's say $0.10 per KwH to pay for all the electric charging stations, becuase why should people who don't use them, pay for their infrastructure?

So, in my opinion, $0.50 per KwH would be a reasonable price for electric cars, and they pay ~$0.10 / KwH, so they are recieving an 80% subsidy off the backs of everyone who uses electricity (at least 95% of the population) plus anyone who owns property, buys stuff, or makes an income.

Fri, 03/15/2013 - 14:26 | 3333116 reTARD
reTARD's picture

Stock expert, 5th grade.

Gun expert, 6th grade.

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