this post was submitted on 26 Sep 2024
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GenZedong

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Curious about getting into the stock market and found this. Anyone have a pdf of this or something? Says it's only 95 pages. Thinking of buying this if nobody else has a pdf and uploading it for shits and giggles lmao

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[–] [email protected] 40 points 1 month ago (1 children)

please dont buy stuff because its branded for communists

[–] [email protected] 17 points 1 month ago (1 children)

Especially if it's also somebody selling you info on how to make money.

Step one: identify a mark and tell them you know how to make money

Step two: charge momey for that alleged information

[–] [email protected] 11 points 1 month ago

Its the usual, "when in a gold rush, sell shovels"

[–] [email protected] 34 points 1 month ago (1 children)

i have a friend with a kindle unlimited that i borrowed and read this a couple months ago when someone else posted about it.

it is 100% ai generated drivel. don't waste your money.

[–] [email protected] 11 points 1 month ago (4 children)

wow, thanks for letting me know. Would you know of any actual well written books that cover this kinda topic?

[–] [email protected] 15 points 1 month ago (1 children)

There isnt such a thing as marxist investing lmao

[–] [email protected] 3 points 1 month ago

yes there is; investments like buying guns to arm your antifascist and red guard friends; putting money in strike funds and bail funds; buying books (or printer paper and ink) to help comrades engage in theory and host study groups or print agitprop material to distribute and poster...

but yeah "marxist stock-trading" is an oxymoron. You are being the opposite of a communist; you are becoming a petty capitalist contributing to subsidizing the big capitalist's exploitation of labor, in exchange for dividends off of generated profits ie exploited surplus value created by labor; and trying to leverage other petty and big capitalists' confidence in the stability and growth of profits to sell for higher than you bought.

Aside from it being contradictory on its face to "stock-trade like a communist", I'd feel dirty as hell if I spent time and effort using the tools of liberation that are dialectical and historical materialism to analyze the confidence-game ponzi-scheme that is capitalist stock market and gamble on stocks(which again, the value and its fluctuation comes from real and expected profitability; that is, the surpluses and stability of growth of these surpluses that can be expected to be vampirized from exploited labor) rather than on exposing the most critical points of contradiction and agitating and organizing their rupture to the benefit of the communist movement.

[–] [email protected] 9 points 1 month ago

The stock market is basically gambling and designed to serve the bourgeoisie. Better to read theory than books on "how to make money".

[–] [email protected] 9 points 1 month ago

The entirety of "this kind of topic" is selling the book to people who want to learn to make money, thereby making the author money and leaving them with no incentive to give actual advice.

[–] [email protected] 7 points 1 month ago (1 children)

i don't. the gist of the book -- and i'll emphasize again that "gist" is all there is because it's ai generated drivel -- is that if you consider the material basis of the value of companies when making investment decisions, you'll probably come out ahead against people who are swayed by the empty promises of vaporware. start by reading actual theory, even something short like wages, price, and profit and just apply that to whether you think a company will be worth investing in, and it'll be a better use of your time.

[–] [email protected] 10 points 1 month ago (2 children)

And even that is abdominal advice.

The stock market often is counterintuitive to material analysis.

Tesla is the highest valued car company in America.

Games top is a hot stock because a bunchnof nerds figured out mass market manipulation, they're brilliant material analysis was to start selling nfts, somehow their stock remains high.

[–] [email protected] 5 points 1 month ago

sure, it depends on what your goals are. if i recall correctly, the book even has a section on fictitious capital that's formatted as 5 paragraphs with an introductory paragraph and conclusion paragraph and 3 paragraphs in the middle of restating a few definitions of fictitious capital and how marxist investors need to take this in to account when making investment decisions.

[–] [email protected] 2 points 1 month ago* (last edited 1 month ago)

The stock market often is counterintuitive to material analysis.

that's only if you're looking at it from the perspective of a prole looking at use-value and what "makes sense" from a sensible grounded point of view. If you fully accept the ass-backwards spackle and tape superstition that capitalist economy operates on, where it is just one big confidence game and ponzi scheme; then using dialectical materialist and historical materialist analysis within that framework can absolutely bear fruit. That does not mean under any circumstances this is what it should be used for. I would bully a friend if I found out they were vulgarizing materialist liberation philosophy for such shameless petty-bourgeois ends.

Games top is a hot stock because a bunchnof nerds figured out mass market manipulation, they're brilliant material analysis was to start selling nfts, somehow their stock remains high.

case in point; they figured out the ways that markets can be manipulated without any real basis; because the stock market as it exists and has existed for a long time is all one big confidence game and ponzi scheme at the end of the day. They had a real materialist analysis of the situation, they just have no principles nor have it attached to any ideology or ethos beyond printing more money from nothing because they figured out they can do it, just as Musk and these other dipshits can do it.

[–] [email protected] 26 points 1 month ago (2 children)

I'm a 100% sure it is AI generated drivel, down to the cover and maybe even the author's name. Look at his other two books if you don't believe me.

[–] [email protected] 28 points 1 month ago

Vladimir Lincoln Armstrong

Yes, very believable name

[–] [email protected] 13 points 1 month ago

the spacing on the design elements on top is very clearly ai and also extremely infuriating

[–] [email protected] 26 points 1 month ago

How to use your capital to extract surplus labour like a communist

[–] [email protected] 21 points 1 month ago (1 children)
[–] [email protected] 5 points 1 month ago

Thinking of buying it to see if it is. Should I?

[–] [email protected] 16 points 1 month ago

Clearly you can invest in the downfall of capitalism /s

[–] [email protected] 15 points 1 month ago (1 children)

Did someone use AI to write a whole book?

[–] [email protected] 14 points 1 month ago (3 children)

Amazon marketplace is already like 80% AI written books by volume.

[–] [email protected] 10 points 1 month ago

Holy shit, this quick? Burning do much energy for this shit is another part of me that is dumbfounded.

[–] [email protected] 8 points 1 month ago

That's pretty funny, and tragic.

[–] [email protected] 3 points 1 month ago (1 children)

And whatever is not AI is low effort word salads by ghost writing companies.

[–] [email protected] 2 points 1 month ago

That's what AI replaced. They don't need to pay a contractor 0.0012 cents per page if they can get an AI to do it for free!

[–] [email protected] 15 points 1 month ago (1 children)

Description was written by chatgpt 100%

[–] [email protected] 3 points 1 month ago
[–] [email protected] 10 points 1 month ago (1 children)
[–] [email protected] 3 points 1 month ago (1 children)

Okay, feels like three per day is still a lot. Nobody's out there writing three books per day. Unless this is, like, a publisher limit.

Also I'm pretty sure I bought one of those AI books, for embedded development, a while ago. I would be pretty pissed off about it, but actually it was so poorly formatted and weird that bit was pretty funny. It was like 12 bucks for a joke.

Now it's a good way to show to people that AI generated slop even exists in book space, a cheap lesson.

I got the proper textbooks too, so I did get the information I was looking for.

[–] [email protected] 1 points 1 month ago

Its a very common scam, i remember the crypto twins making a video about how they churn out audible audiobooks through "ghost writer companies", this was before generative AI was popular so you can bet its all AI now.

[–] [email protected] 9 points 1 month ago (1 children)
[–] [email protected] 9 points 1 month ago

The cover "art" is AI generated too💀 , and there's zero reviews

[–] [email protected] 8 points 1 month ago (2 children)

Damn, it’s a shame it’s probably AI generated. I would be interested in reading something like this

[–] [email protected] 5 points 1 month ago
[–] [email protected] 5 points 1 month ago (1 children)

Could just invest all your money into AES states. Find like Chinese index funds or something.

[–] [email protected] 5 points 1 month ago

From personal experience I can say that the stock market of less financialized economies (like China, and to a lesser extent Germany) aren't that good for investing. As a proof just look at the performance of the US stock market (most financialized economy in the world) against the stock market of virtually any other country, you'll find out that the US stock market very often performs better. At the expense of the real, material, economy.

(Just to clarify I'm neither a financial expert nor a big investor, just somebody who's saving for retirement since the pension system in my country is a complete joke)

[–] [email protected] 3 points 1 month ago
[–] [email protected] 2 points 1 month ago

give that $10 to a homeless person instead. you will contribute more to a better world that way.