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[–] 49 points 4 months ago (3 children)

~57.5 trades/day! Every day!

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  • [–] 26 points 4 months ago (2 children)

    Almost like between that, watching Fox News, and napping, he doesn't do anything other than agree with whatever the last person told him.

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  • [–] 82 points 4 months ago (10 children)

    "yeah, but both sides are bad though!!!"

    Side 1 - 13

    Side 2 - 21,000

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  • [–] -2 points 4 months ago* (6 children)

    Now do Congress.

    I realize this is a tall ask... I can wait.

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  • [–] 15 points 4 months ago (3 children)

    If you think it's an interesting stat, you could also collect the data, rather than waiting for someone else to do it for you.

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  • [+] -10 points 4 months ago (2 children)

    I didn't start it. This should be part of OP's investigation if he really wants to be thorough and not give a misleading report.

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  • [–] 33 points 4 months ago

    How many wars did Biden start to boost those 13 stocks?

    How many fishermen did he bomb? How many Iranian schools?

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  • [–] 16 points 4 months ago (2 children)

    Yeah well, he's such a high level business genius its natural that he increased his net wealth by $2b a year while president. the real question is how he managed to not make any money in the first 79 years of his life. /s

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  • [–] 24 points 4 months ago (1 child)
  • [–] 12 points 4 months ago* (1 child)

    Do professional day traders even make 21,000 in a year? That's 57 trades a day. That's wild.

    Edit: 80 if you exclude weekends, even more if you exclude holidays.

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  • [–] 11 points 4 months ago

    The right number is zero.

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  • [–] 20 points 4 months ago (3 children)

    So, serious question.
    How much time would it take to do about 60 trades a day?

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  • [–] 10 points 4 months ago

    That would be about a day traders worth of time.. probably 4-5+ hours/day depending on variable factors. It's definitely an aggressive trading strategy and not something I can see a "super busy president who looks out for his people" able to accomplish normally.

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  • [–] 7 points 4 months ago

    To make the trade? Not actually that long. Planning and evaluating take longer, but he's inevitably not the one pushing the buttons or making the plan, which is also not something that needs to be done for each one.

    It takes me longer to move money between my checking and savings accounts.

    The concerning thing isn't the time investment, it's the active nature of financial involvement in a situation where there's a major conflict of interest.
    Stock trading isn't automatically problematic for an elected official, but it's very easy to produce the appearance or actuality of improper conduct.
    The safest route is to turn control over to a third party who doesn't know who they're managing.

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  • [–] 26 points 4 months ago (1 child)
  • [–] 8 points 4 months ago (1 child)

    I can envision the Trumper response:

    "He had Hunter do the trades FOR him"

    Or maybe

    "Well obviously! The Biden crime family only does backdoor deals. At least Trump uses the same stock market as everyone else!"

    Which one will the right-wing propaganda machine go with, I wonder?

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  • [–] 7 points 4 months ago

    In magamath, 13=21,000. And don't get me started on the bothsiderist geniuses that love to debbie downer everything and build moral equivalencies between the two parties.

    I saw some Republican dipshit politician on television waving away the blatant corruption of the Donvict crime family just this very week and then pivoting to Hunter and Joe, FFS. Because, hey, Donvict is being transparent about it argle bargle something something Hunter and Joe covered it up.

    🤣

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  • [–] 3 points 4 months ago

    It's ok the guy has dementia....he doesn't realize that he's basically closer to the eternal life than most of us. Can't take anything with you. Not even clothes.

    If I was the guy, I would spend my money on happiness.

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  • [–] 1 point 4 months ago*

    It is clear he has an entire apparatus of professionals who job is to steal from the public. An administration solely designed to constantly grift as much as possible.

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  • [–] -1 points 4 months ago (4 children)

    So he is a better businessman than a politician or even a person.

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  • [–] 3 points 4 months ago (3 children)

    Business man? Nah, that’s like saying someone’s “lucky” for playing in a rigged casino.

    He’s a great fraud.

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  • [–] -2 points 4 months ago (2 children)

    Hmm... If frauds can help your business despite making you a bastard, why can't you then still be classified as a good businessman?

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  • [–] 3 points 4 months ago (1 child)

    I’d personally argue operating outside of the law disqualifies you from being a good businessman. If I can win a game of chess by moving the pieces when you’re not looking, am I a grandmaster?

    Same with business. Using privileges and loopholes that other people don’t have access to is not being good at business.

    The same way having your father loan you a million dollars disqualifies you. I can beat Mo Farah if I run a shorter race, who’s the better runner?

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