Watch Me Lose Another $100k

I can’t believe I’m doing this

Sanjay Singhal

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Photo by Carlos Muza on Unsplash

I’ve always lost money in the stock market. Not relative to the market, just plain lost money. I’m emotional, I buy things I like. I get scared and sell when the market is down. I get excited and buy when the market is up. So years ago I gave most of my investing money to a professional, Dean Colling at CIBC, and he’s done well with it. On the occasions when he’s disagreed with me, he’s always been right. I bought cannabis stocks. I bought too many psychedelic stocks.

Many of my friends are active investors. At dinner parties they talk about the latest meme stocks, S&P 500 options trading, whether the market is up or down and why, it all seems so fascinating but I have no idea what they’re talking about, so I wander in, hear a few sentences, then wander off to talk to someone about psychedelics or movies, because I have nothing to add.

Well I’ve had enough Dean, it’s time for me to figure this shit out! I’m fascinated by AI and recently ran across an AI stock picking engine called Danelfin. I decided to try it out, signing up for an account, and picking 10 stocks to put into an imaginary portfolio. This was two weeks ago. Watching the stocks go up and down during those two weeks, the predictions of the AI seemed to make sense, so here we go for real.

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Sanjay Singhal
Sanjay Singhal

Written by Sanjay Singhal

I write about how to manage your career and life by telling stories about how I've botched my own career and life.

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