Quote:
Originally Posted by Tiny
I never said you were wrong. I said LustyLad was right. Look at the title of the thread, WTF Won't Bet Against the Trump Economy. If memory serves me correctly you plunged head over heals into shares in around the 2nd quarter of 2020, when Trump was president.
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I've tried to warn you about singing the praise of our resident economic expert....his stupidity was going to run off on you!
His bet was for 2018, I wanted to make it for 2018, 2019 and 2020. Which is a better true representation of Trumps GDP prowess? That is rhetorical. So the title of his thread is misleading. Similar to asking for a yes /no answer to the Question: Do you still beat your wife?
Now that silliness has been put to rest, let's address my bet on the economy, Trump's economy as you called it. I did purchase 20k shares of a midstream and 5k shares of ExxonMobil in March of 2020.
That is a stretch to say I bet on the Trump economy. I bet on the energy sector. Be like saying Micro and Macro mean the exact same thing all the time. I was betting on Trump not being President for 4 more years if anything!
I increased my midstream in December of last year by another 30k shares...was that a bet on the Biden economy? I would argue....hardly.
But a look back at what was said was that twiddle dumb and twiddle dumber were running around crowing about one fucking quarter of Trump getting over 3%.
I proposed a true bet that an economist would appreciate...a actual true one anyway. one backed by time. So we would not piss our pants over blips or anomalies.
By any stretch of honesty, integrity and a simple understanding of past GDP numbers....lustylad and his Q sidekick bambino were wrong. Woefully so in 2019. In fact discounting 2020...if you look at Obama's last three years against Trumps first 3 years you'll find little difference in GDP numbers.