I've been on Twitter for almost 10 years. Initially, I think it worked against me since information overload made me trade excessively. But over time, I've learnt to calibrate the way I interpret information. If people hate on my stock, I don't necessarily assume that they're right. Today, I use Twitter for promotion and to understand sentiment.
I agree that Twitter has gone downhill since Musk, though.
Another useful way to use Twitter is to ruthlessly eliminate everyone you are following who is not of high value. Then you will be left only with a small number of people you are really interested in reading. Then use the "Following" option for your steam and you will just see content from those people and it tends to become a pretty good place to spend time.
Nelson showed me his Twitter mentions and they're a dumpster fire of people disagreeing with him. Really hard to invest with that kind of noise in your ear.
It feels harder and harder to maintain a high integrity timeline. I get use from Twitter in the DMs and group chats. If I was to start from scratch today I'm not sure I would even bother with Twitter.
To me it's not good or bad. It's likely more entertainment than research and should be labeled as such.
Really, really enjoy your writing ... and yeah, totally get your thoughts behind leaving Twitter, having said that, this one came up recently on, of all places, Twitter...
$PLZ.UN #REIT CEO Michael Zakuta has now spent $3 million on the market in the past 10-months buying his own units not including another $600k on debentures.
Looks interesting, would love it, if you'd add it to your list for a write up ... thx Colin.
I enjoy your write ups and like most of your ideas. For US residents, do you happen to know the most efficient brokerage platform to buy Canadian names?
Why Twitter is a Net Negative For Most Investors
Cave investing is the new coffee can investing.
I've been on Twitter for almost 10 years. Initially, I think it worked against me since information overload made me trade excessively. But over time, I've learnt to calibrate the way I interpret information. If people hate on my stock, I don't necessarily assume that they're right. Today, I use Twitter for promotion and to understand sentiment.
I agree that Twitter has gone downhill since Musk, though.
Another useful way to use Twitter is to ruthlessly eliminate everyone you are following who is not of high value. Then you will be left only with a small number of people you are really interested in reading. Then use the "Following" option for your steam and you will just see content from those people and it tends to become a pretty good place to spend time.
Morron
Nelson showed me his Twitter mentions and they're a dumpster fire of people disagreeing with him. Really hard to invest with that kind of noise in your ear.
It feels harder and harder to maintain a high integrity timeline. I get use from Twitter in the DMs and group chats. If I was to start from scratch today I'm not sure I would even bother with Twitter.
To me it's not good or bad. It's likely more entertainment than research and should be labeled as such.
Good post btw.
Really, really enjoy your writing ... and yeah, totally get your thoughts behind leaving Twitter, having said that, this one came up recently on, of all places, Twitter...
https://twitter.com/chrisinmontreal/status/1700579279250075913
$PLZ.UN #REIT CEO Michael Zakuta has now spent $3 million on the market in the past 10-months buying his own units not including another $600k on debentures.
Looks interesting, would love it, if you'd add it to your list for a write up ... thx Colin.
I enjoy your write ups and like most of your ideas. For US residents, do you happen to know the most efficient brokerage platform to buy Canadian names?