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Old 10-31-2019, 06:56 AM   #1701
RichGangi
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Re: Low-Content Forum Chatter Thread (Current)

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Money's just a way of keeping score. You can't buy anything important with it anyway.
So much this. I just enjoy the action/beating the oddsmakers. Akin to poker, the money's just a fringe benefit.
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Old 10-31-2019, 02:14 PM   #1702
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on a similar note

Do any of you have an end game plan? or are you all just planning to do this forever?

Any life goals besides making money?
This is an important question to ask yourself before you make all the money. I learned this in the hardest way possible
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Old 10-31-2019, 02:59 PM   #1703
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Re: Low-Content Forum Chatter Thread (Current)

Nvm
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Old 11-01-2019, 01:22 PM   #1704
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Re: Low-Content Forum Chatter Thread (Current)

By that I just mean that I made a ton of money but didnt really have a plan for it and wasted a good chunk of it. I even made a good amount buying and selling my first condo but squandered that too.

I should have bought real estate or a laundromat or vending machines or something. Have a plan for the dough. I certainly do now
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Old 11-01-2019, 04:32 PM   #1705
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Re: Low-Content Forum Chatter Thread (Current)

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I should have bought real estate or a laundromat or vending machines or something.
i don't really understand why normal people take on uninteresting side jobs as some kind of way to invest their money. it's one thing if it's your hobby, like you love food and you open a restaurant, or for people who just love building a business. but who ever got excited about opening a laundromat? can you imagine hustling illegal chinese employees who are stealing from you, dealing with customers who are the kind of people who don't have a laundry machine in their home, and all the red tape and bureaucracy involved in operating a business? would it contribute any meaning in your life to know that you're cleaning peoples' clothes for 40 cents less than the place two streets down? it's like hiring yourself for a low-wage, uninteresting job. if you think there's something special and real estate is going to blow up, buy REITs.

click a couple buttons and buy index funds, let najdorf and his pals do the rest of the work, and use that time either on your main hustle, or do something you truly enjoy not related to financial gain.
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Old 11-01-2019, 05:51 PM   #1706
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Re: Low-Content Forum Chatter Thread (Current)

If only I could invest my client's money in index funds instead of hedge funds and PE and VC and endless pitch meetings and munis and due diligence...could go to the beach all day every day and would be more tax efficient, cheaper, and more liquid [except for the tax-free munis].

More to HITS' point, I've invested in a friend's fashion company, I got 20% of the equity in a new and money-losing business. I'm learning things, it's somewhat fun, there are fringe benefits, annual tax losses, and who knows? Maybe in 3+ decades we'll make $billions like Diesel...

OTOH, shoulda just invested in a bar for fun and way more fringe benefits.
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Old 11-02-2019, 07:01 AM   #1707
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Re: Low-Content Forum Chatter Thread (Current)

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do something you truly enjoy not related to financial gain.
This.
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Old 11-03-2019, 05:35 AM   #1708
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Re: Low-Content Forum Chatter Thread (Current)

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i don't really understand why normal people take on uninteresting side jobs as some kind of way to invest their money. it's one thing if it's your hobby, like you love food and you open a restaurant, or for people who just love building a business.
feels

lost my first 100k on a cafe/bistro

thinking it was free money just to end up selling it 2 years later to pay off the debt and end up with jack ****

fair sure I got taken advantage off too in the pricing/etc since the guy was my friend and I trusted him too much

i honestly don't know why I just automatically believe the **** people tell me most of the time
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Old 11-03-2019, 05:44 AM   #1709
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Re: Low-Content Forum Chatter Thread (Current)

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Money's just a way of keeping score. You can't buy anything important with it anyway.
Are you satisfied with playing the game when you don't value the prize anymore?

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I'd give it all away to have my dad back for one more day.
sorry for your loss
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Old 11-04-2019, 09:23 PM   #1710
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Are you satisfied with playing the game when you don't value the prize anymore?
First prize isn't a Cadillac. There is no first prize. Material goods are only a temptation for people who don't know their own value or are motivated solely by fear and greed, who care more about appearances than reality. 'Look at my new shiny red sports car, I made it!' No, you didn't, you're dumb.

The actual reward is being the best at what you do.
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Old 11-04-2019, 09:41 PM   #1711
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Re: Low-Content Forum Chatter Thread (Current)

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sorry for your loss

That was a really powerful quote. It has stuck with me for a few days. A good reminder to not take loved ones for granted.
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Old 11-05-2019, 09:56 AM   #1712
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Re: Low-Content Forum Chatter Thread (Current)

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First prize isn't a Cadillac. There is no first prize. Material goods are only a temptation for people who don't know their own value or are motivated solely by fear and greed, who care more about appearances than reality. 'Look at my new shiny red sports car, I made it!' No, you didn't, you're dumb.

The actual reward is being the best at what you do.
Maybe youre right, I dont think you are, but either way do you really not see how douchey and pretentious this sounds?
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Old 11-05-2019, 05:23 PM   #1713
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Re: Low-Content Forum Chatter Thread (Current)

“You pay me for Monday through Saturday. Sundays you get for free.” ~Ray Lewis
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Old 11-05-2019, 05:39 PM   #1714
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Re: Low-Content Forum Chatter Thread (Current)

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aspergers

<3
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Old 11-06-2019, 02:00 PM   #1715
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Re: Low-Content Forum Chatter Thread (Current)

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First prize isn't a Cadillac. There is no first prize. Material goods are only a temptation for people who don't know their own value or are motivated solely by fear and greed, who care more about appearances than reality. 'Look at my new shiny red sports car, I made it!' No, you didn't, you're dumb.

The actual reward is being the best at what you do.
im sorry but this just bothers me even more reading it again. And please dont take this super personally and send me a long PM. I just want to address this post.

How can you determine what the 'actual reward' is for someone you dont even know? How can you feel comfortable deciding what another person "should' feel good about? And not only that, but harshly judging them for it? For valuing different things than you? Maybe a really focused and driven person loves ferraris. He pursues one thing, with the sole goal to make enough money to own a Ferrari. The pleasure he gets from driving it outweighs anything you could understand. You think this guy is a ' scared dumb idiot'?

People love to project. Theyre just constantly projecting their own insecurities out onto the world. Did you get bullied or something? Or had bad parents? Because thats an awfully strong reaction to have to a fictional person who has done nothing but...drive a nice car? It seems to me you had a very specific person in mind when making that post.

But the anger itself isnt even what bothers me about it. Im a wicked angry dude. Its the oblivious-self righteousness. Like not only do I not like this fictional person, but hes dumb, afraid, doesnt understand his own value (wat?), motivated only by greed and fear, and cares more about appearances than reality. Thats an awfully, awfully high horse youre on there
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Old 11-06-2019, 03:34 PM   #1716
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Re: Low-Content Forum Chatter Thread (Current)

This conversation is causing flashbacks to when legendary forum poster Henry17 (RIP) visited this forum. Similar arguments over lifestyle and happiness nearly caused a civil war resulting in infractions handed out and rsigley getting banned.
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Old 11-06-2019, 04:07 PM   #1717
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Re: Low-Content Forum Chatter Thread (Current)

omfg remember henry17? And MICROBOB!? Those were wild days. ****ing microbob lol...was he the worst possible person to have made the mod here? Like on the planet.
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Old 11-06-2019, 06:58 PM   #1718
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Re: Low-Content Forum Chatter Thread (Current)

rip Henry17, I'm assuming he died from obesity related diseases. People that big don't last long.

years after that he got me banned a second time because I had a free Amanda Knox avatar and he would write 8,000 word posts about why she was guilty.

also who cares why people do things

i have enough money to retire 100x over, why do i still do it? addiction i'm assuming. i'm just fortunate enough that it makes money instead of losing.

why else bet dominican run score in first? need to see i'm smarter than someone else.

bet props? show all the people who run those stat projection sites they're idiots who cant predict anything.

etc.

why i'll never stop, addiction.

there will always be some new market or prop and gotta beat it.

why i'll never marry or move out of this area. why i was on my death bed from cancer betting 2H spain basketball in between vomiting my entire insides out.

too late for me and most of us, but new people get out before it's too late. just live a normal life and don't die in your 50s in a sportsbook.

TomG has it right. Do it as a fun side hobby, bet a reasonable amount, and on the side raise a kid and have a comedy career.
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Old 11-06-2019, 07:01 PM   #1719
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Re: Low-Content Forum Chatter Thread (Current)

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GreenSmoke85,

I'm confused. I don't read this section of the site but rsigley has a $1.9M bankroll but lives in a **** house, is too cheap to buy legitimate copies of software he uses for betting, and drives a POS car? WTF is wrong with him.
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So you are not the heavy guy with frosted tips in the photo with the caption "Henry17" from a twoplustwo meetup? If not then that is my fault and I apologize. Looking back it does seem stupid that a grown man would have frosted tips in their hair so it possibly couldn't be you. Or maybe it was a picture from the 1990s? Because the last person I saw with frosted tips was Pacey in Dawsons Creek S2 which I think was in the 97-99 range.
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Henry17 - why do you care so much that in a $1500 outfit you are wearing cheap shoes but you don't care about being 100-150 lbs over weight? I'm pretty sure the people you try so hard to impress would notice and judge you based that than the shoes you have on. And it is real obvious that you care so much about appearance yet you don't take care of your health and appearance with regards to weight. Is it an undiagnosed mental illness, or is that not possible since they don't exist?

Please respond and let me know. Thank you.
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It is confusing to me because I don't care about my appearance but I still know being obese isn't good for me which is why I stay in shape. Is your obesity something you do to rebel against this notion of what you perceive to be the perfect person? Or is it uncontrollable because you are weak mentally and you think by spending tons of money on clothes and pretending you are above everyone else because you buy into this notion that you have to do X, Y, Z to be successful and happy in life and if you don't you are only tricking yourself into believing you are happy? Just like you trick yourself that women thinking that are into you when in reality they are thinking more along the lines of lets see what I can get from this fat guy before he is on to me because he wears expensive clothes so he must have money to blow on me.

Why is that approach to life better than mine where I make money and then give back to the community in ways such as donating computer labs to local schools, donating tens of thousands of dollar in food around the holidays, and investing in after school programs for schools to help children learn mathematics and don't spend excessively on meaningless things like cars. Should I just use that money to buy a fancy suit instead? and use that suit to try and impress people I don't care about? What about a 100k car and drive around the strip with the top down hoping someone will compliment me on it?

Please teach me how to lead a better life.

Looking forward to you reply.
.
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Old 11-06-2019, 07:05 PM   #1720
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Re: Low-Content Forum Chatter Thread (Current)

Why am I so anti obesity? When I was 23 I put on a couple lbs (think near 200 at 6'1") and some guy in Harvard Square was like hey big bro can you help a brother out. I felt really offended and then went to the gym 4 hours a day until I got down to 165. But this was before the health at every size movement educated us that it's possible to be Henry17's size and live a perfectly healthy life. I regret my past and have no ill will against obese people now. It was just my insecurities over that guy calling my big bro.

I still don't splurge on myself (except I got a new car with air conditioner), but my cat gets the best. No fancy feast, only top shelf food for her.

Last edited by DefNotRsigley; 11-06-2019 at 07:11 PM.
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Old 11-06-2019, 07:10 PM   #1721
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Re: Low-Content Forum Chatter Thread (Current)

how was the old sb forum so much better. gonna go back and read the old wells now like chevy chase watching old home videos in the attic

https://youtu.be/3qTYNE8U9SE?t=20
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Old 11-06-2019, 07:59 PM   #1722
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It is very boring though just sitting in front of a computer all night waiting for some stuff to move to pick off rogue lines in derivative markets or waiting 10 minutes for 5dimes college football betting page to load because they offer 10,000 different bets per game and would be more exciting to just be like I'm awesome handicapper wake up and bet 50k on everything that's off and go about your day but I'm not really there and probably never will be.
NEVER GIVE UP, TEAM

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Biggest bet/profit I guess would be the superbowl between Giants/Patriots but it was more because of being lucky. I was living in Manhattan at the time and planning on placing a huge bet on the Patriots ML. A local bookie who I was betting with during the year called me and asked if I'd be interested in taking up to 75k action on Patriots -300 [the line was much better than online]. He seemed desperate so I said I'll let you know. Like 10 minutes later he's like what about -275. Eventually we made some deal where I'd put 35k on -225 and 40k on -200 which was ridiculous [I had my friend Mr. Sub call him and try to place a bet on Giants ML and he was offering Giants +150]. I don't keep 75k on me [not baller] so we arranged that if I lost I would pay him the next morning which was a little odd because this guy gave credit to no one. So I ended up pounding Giants +260 or so online to lock in the money and just watch the game for fun. Giants win, so the next morning I try to take out 75k from the bank and they make me fill out 40 forms and wait 5 days because its "suspicious". I go to tell the guy and his phone is going straight to voicemail so I stop by his shop and dude was just cleared out, nowhere to be found. He just screwed tons of people and left town. I guess that is why he just let me post on credit cause he had no intention of paying anyway.
i never understood this. the guy took huge lopsided action on the giants, and he goes to you to lower his exposure. then your bet loses and you're supposed to pay him 75k and he just leaves without getting his money? if he was just going to skip town if the giants won, why bother arbing his profit with you and trying to lower his exposure?
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Old 11-06-2019, 08:09 PM   #1723
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Re: Low-Content Forum Chatter Thread (Current)

I have no idea what I was saying there, but if it helps from 2008-2015 I was microdosing LSD every 3rd day and staying up for 72 hours at a time, so my brain probably was messed up. I re-read some of my Sharky and BrianL posts a couple months ago and they were so long and rambly and obsessive, but that is one of the side effects of doing that. And we did expose them, RIP Sharky's Sports.

Extreme focus, but sometimes the focus is on the wrong things.

Surprisingly no long term effects that I know about. My resting heart rate has plummeted since I stopped from ~80s to low 60s.
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Old 11-06-2019, 08:32 PM   #1724
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Re: Low-Content Forum Chatter Thread (Current)

the other thing that stands out is, at the time of that well, you'd been sports betting for about 4 years, you were originating mlb, and had previously had access to crockpot's picks, and yet your largest loss was $20k. how were you not making larger bets, on the regular by that point? wasn't pinny taking much higher limits back then, in addition to all the other online outs + vegas casinos
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Old 11-06-2019, 08:51 PM   #1725
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very scared early on because i didn't want to be homeless or have to go back and get a job. also my bankroll wasn't that huge because it was also my "life" roll and i was taking a lot of it and trying to diversify by investing in other things. Or doing stupid things like living at Vdara instead of just getting a reasonably priced place.

When i started i bought a lot of condos around vegas because i was stupid and didn't realize single family houses are better for rental income. I also bought 3 subways which didn't pan out and luckily I dumped them on some poor guy and broke even. So basically I was self sabotaging by trying to diversify into things I had no idea about. Now 14 years or so later I got my portfolio more balanced and understand how to make money off rental properties, etc. but at first I was just dumb and thought all you needed was money to be successful in these other markets.

Then there was some time around 2012-3 where i went crazy and just started being super reckless betting. i remember at the end of the year i thought it would be cool if i averaged 1 mil/day in bets so i started betting like 300k on nfl games and was plowing through random markets like handball at 1% ROI (though we did really clean up at the world handball championship as a group). Literally betting on everything all day. It was great when i won the first two 300k bets, but then i lost the third and had my only emotional reaction and started dry heaving and had a melt down.

So then after that my bankroll was big and went back to setting limits on how much to bet per day because there's no point in risking everything.

i probably cost myself lot of money by being conservative but who knows. could have hit a bad patch, tried to chase losses, and i'd be broke. we like to think we are robots but emotions do come in to play.
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