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Re:Verizon Sells AOL and Yahoo to Apollo for $5B by enos_feedler on Monday May 03, 2021 @10:54AM (#27025809)
I'm surprised Twitter hasn't been interested in Yahoo Finance and Yahoo sports apps. The onboarding into Twitter, integration with tweets would be worth billions. A lot of "regular people" use those apps, and Twitter investors are looking for the user growth. Also, if Twitter is going to become a platform for interests/topics, it would be good to have a couple of standalone apps on some core topics.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by dcolkitt on Monday May 03, 2021 @12:20PM (#27026986)
My off the wall suggestion would be for Coinbase to acquire them. They certainly have enough firepower to do a stock acquisition.

The Yahoo Finance portal would run as a subsidized loss leader to on-ramp new customers into crypto investing. Setting up the portal to put crypto assets on the same footing as traditional assets would do a lot to appeal to older or more conservative investors who view crypto as "magic Internet money".

Plus a lot of people are interested but have no idea how to acquire crypto assets. People are used to being able to see all their assets on their favorite brokerage's platform. Yahoo could set it up so that if someone looks up a chart for DOGE-USD, that they have a one-click opportunity to buy it off Coinbase's exchange.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by throwaway3699 on Monday May 03, 2021 @01:26PM (#27027972)
Just FYI, 'conservative investors' do understand crypto, they just think it's a bad investment.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by mumblemumble on Monday May 03, 2021 @06:23PM (#27031601)
I doubt that you can make that as a blanket statement, either. There are probably plenty of conservative investors who do include some cryptos as part of a well-balanced asset allocation. It is, after all, starting to make plenty of inroads into the mainstream financial industry.

What you don't see much of is conservative investors who are super hot on crypto. Not necessarily because of anything about crypto, per se, so much as because part of being a conservative investor is that you don't really get super hot on anything.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by jjeaff on Monday May 03, 2021 @10:07PM (#27033323)
Yes, one must also include some powerball tickets and horse racing bets for a truly well balanced portfolio.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by fuzquat on Monday May 03, 2021 @10:26PM (#27033432)
Also: beanie babies.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by ErikVandeWater on Monday May 03, 2021 @05:47PM (#27031164)
I would say 95% of investors don't understand crypto, whether they have high or low risk tolerance. But high risk tolerance investors are more likely to invest in something that has momentum without understanding the fundamentals. Betting with the momentum is often a good strategy.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by totalZero on Monday May 03, 2021 @06:04PM (#27031387)
Change that to "95% of crypto investors don't understand crypto" and you've got it.

Betting with the momentum works unless (A) you're a latecomer to a ponzi scheme, or (B) there's a reversion that catalyzes longstanding doubt about an asset that has enjoyed a bull run. Both of these cases may well be applicable to a large portion of the overall crypto marketplace.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by WalterBright on Monday May 03, 2021 @09:50PM (#27033227)
More simply: "Betting with the momentum works until it tanks."
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by jjeaff on Monday May 03, 2021 @10:08PM (#27033334)
Or (C) you don't have a crystal ball that tells you when to get out before the inevitable collapse.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by TaupeRanger on Monday May 03, 2021 @06:38PM (#27031770)
Tell that to investors in Fitbit or Palantir (for example) before they sold off after having good "momentum". Crypto investors don't even understand crypto, but that doesn't mean anything, because you can be left holding a long term bag whether you understand the underlying asset or not.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by andrewprock on Monday May 03, 2021 @10:45PM (#27033534)
If you actually understand a "momentum" asset, you will definitely not be left holding the bag.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by TaupeRanger on Tuesday May 04, 2021 @06:46AM (#27036074)
If you actually understand "investing" you will understand that you can't beat the indexes and are doomed to failure by trying to use "momentum" to do anything other than lose money.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by 55555 on Tuesday May 04, 2021 @12:50AM (#27034179)
Please elaborate?
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by nly on Tuesday May 04, 2021 @04:40AM (#27035313)
"Momentum" is bullshit reasoning to buy anything as volatile as crypto. The only reason investors struggle with crypto is because it has no "fundamentals" to analyze.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by 1vuio0pswjnm7 on Monday May 03, 2021 @07:27PM (#27032219)
Is Munger a "conservative investor". Here is what he said recently.

https://finance.yahoo.com/video/charlie-munger-crypto-whole-...

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by williamtwild on Tuesday May 04, 2021 @06:05AM (#27035755)
A good number of them think the covid vacciene has micro chip tracking and you want me to beleive they understand crypto?
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by mssundaram on Monday May 03, 2021 @02:32PM (#27028914)
Certainly not all of them. Edit - do you not consider Warren Buffet a conservative investor?
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by ineedasername on Monday May 03, 2021 @05:10PM (#27030687)
It doesn't seem like he's invested in any crypto directly. He has investments in some fintech, but as far as I can tell those aren't in any companies where crypto is the main component of their business plan. It's also important to distinguish between his opinions on the potential of distribute ledger technology vs. crypto currencies themselves. You can have the first without the second.

There are also levels of conservatism: Buffet still takes risks. In any given year, there's a possibility that he loses money, even if he's amazing in the long term. This is very far from the extreme end of conservative investing where, for example, someone 2-3 years away from retirement shifts all of their investments into a low-yield guaranteed return investment to ensure that a temporary downturn in the economy doesn't wreck their ability to retire.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by IncRnd on Monday May 03, 2021 @05:26PM (#27030898)
Do you think Warren Buffett doesn't understand crypto from the standpoint of finance?
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by px43 on Monday May 03, 2021 @06:49PM (#27031900)
Warren Buffett has, on several occasions, stated that he does not understand cryptocurrencies.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by mssundaram on Monday May 03, 2021 @06:26PM (#27031630)
I think he does and I think he's found a way to make money in crypto, even though he previously stated he thinks it will end badly
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by nappy-doo on Monday May 03, 2021 @02:47PM (#27029087)
Or your definition of conservative is different from OP's.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by ketamine__ on Monday May 03, 2021 @03:59PM (#27029932)
Most people claiming they understand (risk, tradeoffs, market, actual adoption) cryptocurrencies are lying to themselves. It's easier to buy $KWEB than read an article written by Vitalik Buterin.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by px43 on Monday May 03, 2021 @06:48PM (#27031889)
> Just FYI, 'conservative investors' do understand crypto, they just think it's a bad investment.

That statement is demonstrably false. There are two reasons to not be invested in cryptocurrencies at this point in history. You are either ignorant of the technology (which is fine, lots of more important knowledge out there), or it doesn't fit your current risk profile.

There is not a knowledgeable person on the planet who would say that any investment in any cryptocurrency is bad for all investors.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by fork1 on Monday May 03, 2021 @09:49PM (#27033219)
Or you simply don't believe in it. Which is a perfectly valid reason. Not everyone is just either ignorant or risk averse for crypto.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by 1270018080 on Monday May 03, 2021 @03:31PM (#27029646)
As an liberal investor, all crypto is a pump and dump scheme pushing magic internet money. But we've all seen this debate before.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by naikrovek on Monday May 03, 2021 @05:53PM (#27031245)
if anyone pushes you on blockchain-anything or cryptocurrency, deliver unto them a kick to the groin, or a punch to the face, then run away. for you have been targeted by thieves.

edit: later I am proud to have been downvoted by blockchain bozos.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by px43 on Monday May 03, 2021 @06:51PM (#27031927)
1. What's so bad about magic internet money?

2. What sectors are you invested in that are somehow immune to hype cycles?

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by shrimpx on Monday May 03, 2021 @10:45PM (#27033533)
It’s not that it’s hyped, it’s the large scale and empty essence of the hype. The essence is “it’ll go to 500k”. It’s an echo chamber of get rich for nothing excitement.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by ecommerceguy on Monday May 03, 2021 @01:52PM (#27028327)
I use fin.yahoo quite a bit and if this were to occur I would quit using it full stop.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spullara on Monday May 03, 2021 @03:36PM (#27029696)
Yahoo Finance already tracks the cryptocurrencies. Has for ages. You can also integrate in exchanges to buy stocks, wouldn't be hard to add crypto to that. BTW, you can't buy DOGE-USD on Coinbase. Here it is in my wife's portfolio:

https://i.imgur.com/MZlE51m.png

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by jensvdh on Monday May 03, 2021 @06:22PM (#27031591)
"Portfolio", holding DOGE is about the same as holding lottery tickets.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spullara on Tuesday May 04, 2021 @06:34PM (#27043710)
Hey she wanted some for valentines day. It is up 8x right now, but yeah, it is a meme lottery ticket for sure.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by enos_feedler on Monday May 03, 2021 @03:31PM (#27029643)
I am not sure Yahoo finance is the right place for this kind of integration. If they were to integrate buy/sell and portfolio it would be more of a plaid style where you can connect your existing broker. You would lose a bunch of users who don't want to switch to coinbase. This is why i was thinking a media company would make sense for the media asset. It should be something more neutral.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by joering2 on Monday May 03, 2021 @07:06PM (#27032052)
> DOGE-USD, that they have a one-click opportunity to buy it off Coinbase's exchange.

nitpick: you cannot buy Doge off Coinbase even with 10,000 clicks.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by cycrutchfield on Monday May 03, 2021 @01:43PM (#27028205)
>”magic Internet money”

>DOGE

Not really helping your case here

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by StratusBen on Monday May 03, 2021 @12:25PM (#27027035)
I love this idea. Thanks for sharing!
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by slg on Monday May 03, 2021 @01:20PM (#27027895)
>Yahoo sports apps

I believe the Yahoo's suite of fantasy sports apps is second only to DraftKings in terms of market size and DraftKings' market cap is $22b. No reason that couldn't be spun off as its own company and be worth a $5b itself with the right leadership.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spullara on Monday May 03, 2021 @03:38PM (#27029721)
I looked this up. The top 2 are DraftKings and FanDuel. They have 90% marketshare. Yahoo is tied for 3rd.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by slg on Monday May 03, 2021 @06:06PM (#27031409)
I am guessing you are looking at daily fantasy sports and not fantasy sports in general. DraftKings and Fanduel do not have a 90% market share on the entire fantasy sports industry. I believe Yahoo still has the largest market share when it comes to traditional fantasy sports and has done a poor job translating that into success in DFS in which they are fighting for 3rd place. That is why I threw in the caveat "with the right leadership".
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spullara on Tuesday May 04, 2021 @06:33PM (#27043706)
You're thinking share of users I think rather than share of revenue. But happy to be proven wrong with some other numbers.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by StLCylone on Monday May 03, 2021 @05:54PM (#27031249)
Source? Just want to read about it myself.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spullara on Tuesday May 04, 2021 @06:38PM (#27043744)
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by johannes1234321 on Monday May 03, 2021 @11:01AM (#27025917)
However when doing that Twitter won't be "neutral" regarding news sources. That might reduce interest of other media to use them ...
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by 0xy on Monday May 03, 2021 @12:03PM (#27026768)
Twitter already isn't neutral, considering the "trending" feed is editorialized and certain trends are suppressed and others boosted.

Twitter is a publisher. They have their fingers on the scale in both directions in multiple places.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by menzoic on Monday May 03, 2021 @12:15PM (#27026933)
I thought trending feed was based on metrics
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by csunbird on Monday May 03, 2021 @12:32PM (#27027134)
Probably, yes. Also, it is very likely that any posts/trends that are not "desirable" are prevented manually from entering the trending feed as well.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by HappySweeney on Tuesday May 04, 2021 @04:35PM (#27042562)
"Cocaine" trends every Saturday early morning, leading me to believe nobody has their thumbs on that particular scale.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by csunbird on Wednesday May 05, 2021 @05:01AM (#27047702)
I think Twitter is OK with drugs and adult content being trendy, but not OK with politically incorrect ones. There has to be a manual approval process, but effectively invisible, because in my opinion, an automated and non-supervised system for trending is a recipe for the disaster.
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Re:Verizon Sells AOL and Yahoo to Apollo for $5B by dang on Wednesday May 05, 2021 @12:41AM (#27046253)
Please don't break the site guidelines like this. If you have evidence of abuse, you should let us know at [email protected] so we can investigate. If you have no specific evidence, then posts like this are not allowed. See https://news.ycombinator.com/newsguidelines.html.