Forum Overview :: OMM and Caltrops History
My bucks by Quétinbec 12/05/2019, 11:50pm PST
This is Chris's Blood wrote:

How did you come into your great fortune?

I borrowed $50k through an unsecured personal loan from a local (Middle Eastern) bank. My work used to have an agreement with the government where they'd cover the outstanding debt of any runaway employee. I didn't know about that agreement until this one dude I shared an office really fucked them over by leaving "after his father had a heart attack" with about $150k in debt. He even sold the furniture in his furnished apartment. He was a fat piece of shit who had a fake PhD and had the whores at a really shitty Saudi-targeted whore bar call him 'The Professor'. I kept a bunch of his business cards as a souvenir. Anyway, I only found out that they were covering our outstanding debts when they told us they would no longer do so after he fucked them over. By the time I borrowed my money, I wasn't covered by my employer if I fled, but Middle Eastern banks are still really slack with following up with debtors if you flee the country. You get blacklisted in the Middle East which reduces the number of airlines you can travel on, but otherwise, there aren't a lot of consequences if you don't plan on returning there to work. There are many stories.

Anyway, I had this $50k and thought VR was gonna be the next big thing. I was leveraged massively through CFD's on NVDA (@ $20) and AMD (@ $2.67). I more than tripled my money until Feb 2016, two weeks before my wedding, when I got knocked down to $40k. There was an earnings report during my honeymoon and I decided I wouldn't touch it as I'd already been hurt enough and if it didn't work out, it would ruin the honeymoon as well as the wedding. It did work out and I felt like shit for being left behind empty-handed. I realized then that, success or failure, there was no escaping the shitty feelings so I might as well put myself in a position to profit. A guy in my office suggested I switch from CFD's to options. From there, things took off. I was up $700k two days before Donald Trump was elected. Blah blah blah, in 2018, the day before my daughter's first birthday, I'd cashed out over $5M USD. It turned out to be pretty good timing.

I feel a bit ashamed of the way I came into this money for several reasons. First, the Wallstreetbets subreddit blew up a few years after I made money and it became pretty much a spot-on parody of my success. I've lurked there and have it as a subreddit but I didn't think it was healthy to post. I didn't really post anywhere consistently after this forum. Second, I backed NVDA on a faulty premise: VR didn't amount to shit. The stock took off due to growth in the data centre, crypto mining, and self-driving car prospects, etc... Third, I wasn't doing anything clever with the options. I was just buying calls. Repeatedly.

I don't feel very rich. As a teenager, I used to be on the unemployment benefit at my parents fancy house where I played video games all day, so being able to live in a fancy house now and play video games all day isn't special. Same with travel: I used to travel on my student loan money. Travel doesn't make me feel rich. As for all the cool shit money can buy - most of my money goes on the most boring shit you could imagine: $75k for safety glass on balconies and around pools. $12k for sun umbrellas. $130k on windows, etc... The only thing I've bought that makes me feel rich are jetskis. Freshwater jetskiing is so much fun.

I find the money most useful in the sense of superiority it gives me over other people. Most of the time, I feel I'm a better human being than everyone I meet because of the money, but I have to keep reminding myself about the money to feel that way. The moments I feel like a fraud aren't that regular. I'm careful not to spell out how much money I have so I don't appear an asshole. It's enough to tell someone you're retired. If you're young enough, they'll assume you've done something great. If they press you on details, hopefully you can befuddle them with financial mumbo-jumbo and they can put you down as a 'stockmarket-wizard'.

No one seems very impressed by me, though.
Downloaded the entire site just in case by Vested Id 11/11/2019, 5:39pm PST
    If the web has taught us anything, it's: you can't joke about being a dumb assho by Fullofkittens 11/12/2019, 5:28am PST
        Re: If the web has taught us anything, it's: you can't joke about being a dumb by Ice Cream Jonsey 11/12/2019, 1:42pm PST
            I'm actually Melissa McCarthy NT by laudablepuss 11/12/2019, 8:17pm PST
            the ICJ character turned much less monstrous over the years tbh NT by Fullofkittens 11/13/2019, 11:51am PST
                Many Caltrops people have had a redemption arc over the years. by Ulrachi 11/13/2019, 3:27pm PST
                    Re: Many Caltrops people have had a redemption arc over the years. by Creexuls, custom software 11/13/2019, 3:46pm PST
                        The Color Monster by Tease Monster 11/13/2019, 4:01pm PST
    Who's got more to lose, Erik or Chet? NT by Mysterio 11/12/2019, 7:48am PST
        Sucks than anybody is even thinking this way by Vested Id 11/12/2019, 8:57am PST
    You have done a good thing. by Quétinbec 12/03/2019, 12:15pm PST
        You're alive! NT by Vested Id 12/03/2019, 2:56pm PST
        Re: You have done a good thing. by Mr. 3000 12/03/2019, 4:50pm PST
            Take a moment to judge me. by Quétinbec 12/04/2019, 9:39pm PST
                Back for more digital self-harm? NT by MM 12/04/2019, 10:27pm PST
                My cousin's a professional surfer. by Jerry Whorebach 12/05/2019, 12:24am PST
                Re: Take a moment to judge me. by Mr. 3000 12/05/2019, 6:16am PST
                Re: Take a moment to judge me. by This is Chris's Blood 12/05/2019, 11:06am PST
                    My bucks by Quétinbec 12/05/2019, 11:50pm PST
                        Re: My bucks by MM 12/06/2019, 5:14am PST
                        I kid! Here's the reply video you were all actually waiting for me to post! by Mischief Maker 12/06/2019, 5:45am PST
                            I know we give her a hard time on CalTrops but I like the costumes NT by Mysterio 12/06/2019, 6:20am PST
                            Anyone got a shit wife? by Quétinbec 12/06/2019, 10:38pm PST
                                A wife and a forum serve different purposes, I think NT by blackwater 12/07/2019, 9:38pm PST
                                I've done enough divorce mediations to know better than to ever get married. by Mischief Chad 12/08/2019, 6:12am PST
                                    Marry an Asian with "old fashioned" values by Quétinbec 12/08/2019, 3:18pm PST
                                    Marriage is not as bad as doing divorce mediations might make it seem. NT by blackwater 12/10/2019, 9:11pm PST
                                    this post sprouted a fedora from my head NT by this is like progressive MGTOW shit 12/27/2019, 9:01am PST
                        Re: My bucks by Ice Cream Jonsey 12/06/2019, 6:19am PST
                            Re: My bucks by Quétinbec 12/06/2019, 10:44pm PST
                                Re: My bucks by Mysterio Prime 12/08/2019, 9:36am PST
                                    Re: My bucks by Quétinbec 12/08/2019, 3:26pm PST
                                        Re: My bucks by Ulrachi 12/10/2019, 3:47pm PST
                                            Caltrops does not endorse kidnapping. by Jerry Whorebach 12/10/2019, 7:32pm PST
                                            Re: My bucks by Quétinbec 12/28/2019, 12:24am PST
                                                Re: My bucks by Ulrachi 12/28/2019, 12:28pm PST
                                                    Re: My bucks by Quétinbec 12/29/2019, 4:54pm PST
                                                        Cripes, dude, your life really is one big Sophia Coppola movie. NT by MM 01/06/2020, 6:16pm PST
                                                        Re: My bucks by Nintendo Power 01/07/2020, 8:20am PST
                                        how this ends by Donato Dalrymple 12/26/2019, 9:21am PST
                                            Re: how this ends by Mysterio 12/26/2019, 9:31am PST
                                                I'm going to go ahead and think less of him. NT by Donato Dalrymple 12/27/2019, 3:15pm PST
                                                    Watch it. He's done nothing to deserve that. NT by Dick Clownshoes 01/07/2020, 1:25pm PST
                                Re: My bucks by Roop 12/09/2019, 10:01pm PST
                                    UPDATE: Looks like Paul might need that bionic eye too... NT by The Happiness Engine 12/15/2019, 11:33am PST
                                        And fuck let's be honest, and the arm too. Fuck. NT by Roop 12/15/2019, 12:08pm PST
    Clarification: I downloaded OMM, not Caltrops NT by Vested Id 12/10/2019, 2:35pm PST
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