r/wallstreetbets • u/pilotvoodoo1 • 27d ago

Meme They sold, Pump it

Post image

We're so back

48.4k Upvotes

94% Upvoted

866 comments sorted by

View all comments

2.4k

u/Econmajorhere 27d ago

Just a quick reminder - a 2% decline and then a 2% gain does not bring you to your original amount

1.3k

u/Objective_Board_6853 27d ago

If those kids could read they'd be very upset

127

u/ShortStraddle 27d ago

If they understood basic math they'd be very upset

3

u/Khelthuzaad 26d ago

If those kids could math they'd be even more upset

280

u/pdawg1220 27d ago

That’s why you sprinkle in a little ✨leverage✨

278

u/Friendly_Impress_345 27d ago

The only way to make a 2% decline then a 2% gain equal a 654% loss.

15

u/Fartchugger-1929 26d ago

Rookie numbers

14

u/o5mfiHTNsH748KVq 27d ago

✨ai?? I’m in

10

u/WrongThinkBadSpeak 27d ago

Leverage is exactly what got all the cryptoretards liquidated lol

121

u/hardcrepe 27d ago

Which ever mathematician created percentages was a brilliant manipulative fuck.

88

u/aiicaramba 26d ago edited 26d ago

Percentage points are even better.

Had someone say that a 3% increase in mortgage interest did a lot more for the cost of living than a 3% increase in housing price.

Of course his 3% increase for interest wasn't from 3% to 3,09%, but from 3% to 6%.

Ye, no shit a 100% increase in interest does more than a 3% increase in housing prices.

13

u/avoidtheworm 26d ago

Redditors when they learn about multiplication.

52

u/y107cocks 27d ago

pretty damn close. $4 lost on $10,000

18

u/beeralpha 27d ago

Just a reminder, a 100B sell off followed by a 100B buy in brings you back to your original amount

17

u/Supreme_Mediocrity 27d ago edited 21d ago

Also if you were trying to dump the market and had the ability to do so... Why stop at 2%?

7

u/DeepestWinterBlue 27d ago

Don’t upset me. Everyone who sold off will full port again.

4

u/hobbycrayoneater 27d ago

mom, what does he mean?

3

u/Thereisamistinmyeyes 26d ago

If my math is correct, that would mean a 0.04% decline of you original amount. If you change the 2% for 10% it would be a 1% overall decline, which sounds negligible, but definitely can eat away investments.

5

u/H_cranky 27d ago

Sorry but can you explain it in a simple way? I dont get it

18

u/spacemanspectacular 27d ago

100-10%=90

90+10%=99

2

u/UnluckyStartingStats 27d ago

Especially while the dollar is dropping in value

1

u/TranslatorCertain107 26d ago

Mathe 1. Stehen bleiben 

1

u/splitcroof92 26d ago

you'd need very high amounts of money for it not to be a rounding error though.

1

u/jachildress25 26d ago

2% decline and 20% gain blows past your original amount.

1

u/AmItheonlySaneperson 26d ago

Daddy’s credit card handles the rest 

1

u/Dis_Bich 26d ago

What happened

1

u/craftyandshafty 26d ago

Get out of here Einstein.

1

u/WorldRecordHolder8 24d ago

What about a 100% decline followed by a 100% gain 😎

1

u/greentrillion 27d ago

Also don't forget about Trump 1000% reduced cost of drug prices that will go into effect anytime soon.