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EVE Online
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| 0s | how y'all doing |
|---|---|
| 7s | what is stage |
| 9s | i told tcp they didn't have to do the |
| 10s | whole jita 4 thing just for me but then |
| 12s | they insisted so welcome to my house |
| 17s | this is what i do all day |
| 19s | trading |
| 21s | when they finally remodeled the station |
| 24s | i finally had something else to look at |
| 25s | because i don't undock so this is all i |
| 27s | see all day |
| 31s | all right so we're talking about trading |
| 34s | trust and trillions today |
| 37s | if |
| 38s | you don't know what i do i'm oz i |
| 40s | run eve's largest public investment fund |
| 44s | and that in itself shouldn't really be a |
| 46s | thing because |
| 47s | in eve you know you shouldn't be |
| 48s | trusting anyone especially not with your |
| 50s | isc but for some reason i was able to |
| 52s | convince a whole bunch of people to hand |
| 54s | me a lot of isk and i invested in the |
| 56s | gita market so for the next 45 minutes |
| 59s | i'm going to share a few stories uh |
| 62s | strategies and |
| 64s | internal things i do in eve online we'll |
| 67s | talk about how i built that trust |
| 70s | how i |
| 71s | get these these people to to hand me |
| 73s | their money |
| 74s | um |
| 76s | how i then take that money and invest it |
| 77s | in the markets |
| 79s | i'll share a little bit of the lessons |
| 80s | learned that i've um you know gathered |
| 82s | over the the last few years creating |
| 84s | content and uh and streaming eve online |
| 87s | and then if we have some time we should |
| 88s | have time like five minutes for a few |
| 90s | questions um uh if uh if if you'd like |
| 94s | otherwise there's a round table at um |
| 97s | i think 4 p.m in one of the breakout |
| 99s | rooms so if you want to come chat about |
| 101s | everything that we talk about here then |
| 103s | come find us there ccp psych and myself |
| 106s | are going to be there uh hanging out |
| 108s | all right |
| 109s | so i'm i'm oz i've been uh playing eve |
| 112s | since 2004. |
| 114s | i was already out of college uh in 2004 |
| 117s | so |
| 118s | by that you can calculate that i'm |
| 120s | really |
| 121s | old |
| 123s | um i i was in finance back then i i was |
| 126s | trading |
| 127s | in stocks |
| 129s | i i got a business degree and so from |
| 131s | day one i was into markets and trading |
| 134s | in eve online and |
| 136s | that part of eve online is really what |
| 139s | what i think is very unique |
| 141s | and that i can't find in any other game |
| 143s | this this player driven economy this |
| 146s | ability to actually trade to influence |
| 148s | the market uh very realistically it's um |
| 152s | it's just something that keeps me coming |
| 153s | back to eve online and um |
| 155s | and absolutely love it |
| 157s | i became a twitch streamer in 2019 |
| 160s | um and um you know i before that i |
| 164s | didn't even know what twitch was |
| 166s | but i realized that i could um share the |
| 168s | fairly unique play style that i uh that |
| 170s | i have and the tools that i have on on |
| 172s | twitch with my my viewership so i became |
| 174s | an uh an eve partner um and my guides on |
| 178s | trading are used in the eve academy so |
| 180s | i'm very very glad that um some of the |
| 183s | the tools and content that i produce are |
| 185s | um are being made uh you know accessible |
| 188s | for for the community and i'm |
| 190s | getting some |
| 191s | attention to a play style that's just |
| 193s | not very |
| 194s | uh i think not not not played by a by a |
| 197s | large percentage of the player base |
| 199s | i have a discord server of a whole bunch |
| 201s | of trading uh nerds and eve uh if you |
| 204s | google that i'm sure you'll find it uh |
| 205s | come come join 3 000 of us on on there |
| 209s | and i as i said i run the largest |
| 211s | investment fund in |
| 212s | in eve so |
| 214s | that's what we're going to be talking |
| 216s | about today quick disclaimer before i |
| 218s | jump on that |
| 219s | if you can't tell by the funny accent i |
| 221s | am german right so |
| 223s | just to manage expectations |
| 225s | there will be no jokes but we'll |
| 227s | probably finish on time all right so |
| 229s | bear with me |
| 233s | the motivation behind everything i do |
| 236s | is |
| 237s | threefold one |
| 238s | is |
| 239s | we're playing a sandbox all of us are |
| 241s | playing a sandbox and in a sandbox per |
| 243s | definition you should be able to do |
| 245s | almost anything that you want to do so |
| 247s | for me gaming competitive gaming meant i |
| 250s | wanted to be the best at something and |
| 252s | being all just means i can't keep up in |
| 254s | pvp |
| 255s | all right so what i can do is i can |
| 258s | spend some time creating amazing |
| 260s | spreadsheets um i can eke out an |
| 263s | advantage in the market and so that is |
| 266s | my way of creating something that |
| 268s | matters and that would that's what gives |
| 270s | back or motivates me every day to play |
| 272s | eve online |
| 274s | two i spend a lot of time |
| 276s | sharing or making tools for eve online |
| 280s | and that for the first few years maybe |
| 283s | that's a lot of fun and you can make a |
| 285s | lot of money in the market and it's |
| 286s | great |
| 287s | but after a while it just you know if |
| 289s | you're not if you're not telling anyone |
| 290s | and you're not sharing that experience |
| 292s | it just becomes kind of kind of kind of |
| 293s | planned so that's uh |
| 295s | one big motivation for me as well is to |
| 297s | go out there and share everything that |
| 299s | i've created and then |
| 301s | as i said earlier my playstyle is fairly |
| 304s | unique i don't leave the station i just |
| 306s | station trade i have a i have a lot of |
| 308s | capital to play with i uh play with the |
| 311s | market sometimes i manipulate the |
| 313s | markets |
| 314s | not gonna lie and |
| 317s | that is a playstyle that i want to |
| 319s | showcase because |
| 320s | it's it's out there i can't get it from |
| 322s | any other game right and i want |
| 325s | for one people to see it but also ccp to |
| 328s | see it you know for for for them to know |
| 330s | that there are people out there like us |
| 333s | that are playing the game in a way that |
| 334s | might not be the most obvious one |
| 336s | but is a very very important one to um a |
| 340s | a small but but important part of the |
| 342s | player base all right |
| 345s | so first of all |
| 347s | building trust so i said in the |
| 350s | beginning i run an investment fund i |
| 352s | have around four trillion isk that i |
| 354s | manage for about 500 investors and |
| 357s | that in itself shouldn't be possible in |
| 359s | eve online you shouldn't trust anyone |
| 361s | with you ask what are you guys doing why |
| 363s | are you giving me your money right like |
| 365s | this this should not be happening but |
| 367s | for some reason i was able to do that |
| 369s | and |
| 370s | there's three there's three reasons why |
| 372s | that works for one |
| 374s | i i put a face to the name right i i go |
| 377s | out there on saturdays on on twitch and |
| 380s | a lot of you have have seen my face uh |
| 382s | out there um |
| 384s | you know i uh i i i show i show you guys |
| 388s | my i talk about my motivations i i tell |
| 390s | tell you what to do and it's very very |
| 393s | or it's a lot more difficult to run away |
| 394s | with the money if you show your face all |
| 396s | the time and everyone knows what you |
| 398s | looks like right that's that's just |
| 400s | just just the general true truth |
| 403s | second of all |
| 404s | from from day one of this operation that |
| 407s | started about three years ago i |
| 409s | i'm sharing all my trade secrets that i |
| 411s | used to make money with so i am taking |
| 414s | away the whole amount of motivation that |
| 416s | you could think why i should be running |
| 417s | away with that money |
| 420s | by showing you all of the top |
| 423s | profitable items by sharing all my tools |
| 425s | but all of that so i have convinced |
| 427s | people that i'm just a generally nice a |
| 430s | genuinely nice guy and i don't need to |
| 432s | make isk right at least people believe |
| 435s | that it's it's true |
| 437s | trust me |
| 439s | um and then again it's not economically |
| 442s | feasible for me to run away with the |
| 443s | money because it's uh by now i i have a |
| 446s | little bit of a reputation um in in the |
| 449s | community i make you know |
| 451s | nobody's getting rich of a content |
| 453s | creation in e4 like there's one or two |
| 455s | people that can maybe live of it but |
| 457s | nobody's getting rich so i'm not getting |
| 458s | rich but it's at least enough for me not |
| 461s | to run away with the money because the |
| 462s | reputation that i've made is kind of |
| 464s | kind of beneficial to me |
| 467s | so putting a face the name as i said i i |
| 469s | stream on twitch so people know what i |
| 470s | look like |
| 472s | it's it's accountability it's building |
| 473s | up the first trust of course sometimes |
| 475s | it helps when people like hilmar |
| 478s | share my content and say |
| 480s | this is really good |
| 482s | i mean you know this is the guy with the |
| 484s | 20 swords that you saw |
| 486s | yesterday if he says it's good how bad |
| 488s | can it be you know this guy is not going |
| 490s | to run away with the money |
| 493s | the second part sharing secrets so |
| 496s | something i do um for example is every |
| 499s | year i show what the most profitable |
| 501s | items uh of in in trading were for me in |
| 504s | in that year right that's that would be |
| 506s | the number one rule of um uh that that |
| 509s | most traders will will not will not do |
| 511s | if they're if what their goal is is to |
| 513s | make money |
| 514s | it's really not that big of a deal but |
| 516s | it's a big like symbolic step right |
| 518s | and then more importantly maybe i have |
| 521s | created a together with with the |
| 524s | community i've created a a community |
| 526s | version of my trading spreadsheet that |
| 528s | will track your profits that will look |
| 530s | at your portfolio that will tell you |
| 532s | which items to buy currently |
| 534s | which items to sell on a technical |
| 536s | analysis basis right and |
| 539s | this tool is out there for download |
| 541s | thousands of people have downloaded it |
| 543s | you all can use it it's |
| 545s | it's free we maintain it a little bit |
| 547s | it's got an instruction in it so |
| 550s | the biggest hurdle for a lot of people |
| 552s | to go into station trading is |
| 554s | they know that they can't do it if they |
| 556s | don't know how to spreadsheet |
| 558s | be a spreadsheet warrior right |
| 561s | now the excel and implementation the |
| 563s | excel integration that we saw yesterday |
| 565s | is going to help sure uh in in breaking |
| 568s | down that barrier but until then you |
| 570s | have my spreadsheet to kind of |
| 571s | guide you in that world and most people |
| 573s | will start using that |
| 575s | and then move on to doing developing |
| 577s | their own tools or um |
| 579s | or or maybe even not maybe even just |
| 581s | continue doing that but they can station |
| 583s | trade without having that huge barrier |
| 586s | uh of of you know macros and and |
| 589s | javascript in front of them |
| 592s | um |
| 595s | i also talk about skill farming and |
| 596s | skill farming you know if you talk to |
| 599s | people in the in the communities it's |
| 601s | it's something that's a little bit |
| 602s | pushed to the side nobody really wants |
| 604s | to talk about it because it's like it's |
| 605s | it's a |
| 607s | it's it's a fairly unnatural play style |
| 609s | i would say it's not even a play style |
| 610s | it's a way for people to make money but |
| 613s | it's legal it's there people are doing |
| 615s | it and people are making a lot of money |
| 616s | with it and so |
| 617s | what |
| 618s | what i do to build trust |
| 620s | is i democratize that information right |
| 623s | so when i uh |
| 625s | when i started doing this investment |
| 627s | fund three years ago |
| 628s | i noticed that a lot of people were |
| 630s | talking on the on the down somebody is |
| 632s | all of a sudden selling you know |
| 633s | hundreds of skill injectors how did you |
| 634s | get them how does that work so |
| 637s | i show |
| 638s | what you need to do to set that up and i |
| 641s | show in my spreadsheet that i share |
| 644s | every week what the current profit is |
| 647s | that people are making of skill |
| 648s | injectors right and it's it's it's |
| 650s | complicated et cetera et cetera i'm not |
| 652s | going to go into that but it's something |
| 653s | that i think should be out there in the |
| 655s | community because any time you have |
| 658s | you know if a a |
| 659s | small amount of players um |
| 662s | making a lot of money by a very |
| 664s | by something that i that that i think is |
| 667s | is more of an natural play style then i |
| 669s | want to at least let everyone know that |
| 671s | this exists because |
| 672s | this impacts the economy in a very |
| 675s | in a very significant and large way and |
| 678s | so that information needs to be out |
| 680s | there |
| 682s | and then this is |
| 683s | less about sharing secrets more about |
| 686s | again the democratization of data in eve |
| 689s | this is the tranquility trading tower |
| 691s | now if you're you know most of you are |
| 693s | are |
| 694s | more or less hardcore eve players if |
| 696s | you're if you've made it all the way to |
| 697s | iceland now right so you know what the |
| 698s | trading tower is |
| 700s | it's that |
| 701s | that that player run station that is one |
| 703s | jump from jita in perimeter |
| 707s | that um houses most of the |
| 710s | plex and large skill injector um trade |
| 713s | and used to house most of the buy orders |
| 715s | because um the the the discrepancy |
| 718s | between the fees on in npc stations |
| 721s | versus player owned stations used to be |
| 724s | very significant it's not like that |
| 725s | anymore but still they're making a lot |
| 727s | of money a few years ago |
| 729s | the tranquility trading tower |
| 731s | um was making trillions and the parties |
| 734s | that are sharing that were sharing this |
| 736s | money they were all at war with each |
| 738s | other right so this was like an unspoken |
| 740s | secret everybody knew was kind of |
| 741s | funding the war but |
| 743s | everyone was fighting each other |
| 745s | on |
| 746s | in the world which you know they they |
| 747s | really were but then they were funding |
| 749s | the war by having a common um operation |
| 752s | so what i wanted to do is again i wanted |
| 754s | to go in and i wanted to show that this |
| 756s | is happening and i want to show that |
| 758s | this is the amount of money that is |
| 759s | coming out of there i'm not i'm not even |
| 761s | saying it's a bad thing i'm just saying |
| 762s | hey good on you you're making a lot of |
| 763s | money but people should know |
| 765s | and i put that out there now the the |
| 767s | real number really says that number is |
| 769s | more like 1.5 trillion not 2.2 trillion |
| 771s | but you know |
| 773s | it's a lot of money so |
| 774s | um i do stuff like that to |
| 778s | to to to kind of it's kind of like data |
| 780s | journalism for for eve online and that |
| 782s | again |
| 783s | in turn it builds trust it shows people |
| 785s | that i am |
| 786s | more or less on the on the side of the |
| 788s | people on the side of the community |
| 790s | and trying to |
| 792s | make sure that that information is out |
| 793s | there |
| 796s | and then you know reputation i said |
| 798s | nobody's getting rich of eve but |
| 800s | certainly there's there's you know if |
| 802s | you are a streamer and if you're um |
| 804s | halfway successful then you're making |
| 806s | money here and there and so for me it's |
| 808s | just not economically feasible to run |
| 810s | away with this money yeah |
| 812s | it's not big enough so |
| 816s | 4 trillion isk is a lot of money right |
| 819s | and you will you will hear a lot of |
| 821s | people |
| 822s | that are talking about rois in the |
| 824s | uh |
| 824s | in the in the eve markets and they would |
| 826s | say yeah i mean i i doubled my my isc |
| 828s | last week |
| 830s | this is these are people that are not |
| 832s | investing trillions all right if you're |
| 834s | investing trillions in the market your |
| 836s | options are much more limited because |
| 840s | you're you you have limiting factors |
| 842s | such as |
| 844s | such as risk overall because you have a |
| 846s | significant portion of the market or or |
| 848s | time complications so |
| 850s | it's it's kind of complicated to to |
| 853s | invest 4 trillion and so and it's |
| 854s | actually a lot of work so i have devised |
| 856s | some strategies and some tools to make |
| 859s | that whole process |
| 861s | easier and more enjoyable because in the |
| 863s | end |
| 864s | it's a game for me as well i i need to |
| 866s | have some fun right |
| 867s | so as i said |
| 870s | you we're talking about very very large |
| 872s | scale investing here um and so low |
| 875s | volume high margin items are not what we |
| 877s | what we can invest in here this is not |
| 879s | this is not you know where you go and |
| 881s | you you look at |
| 883s | you know this this this module that that |
| 885s | has 10 million isk a day turnover that's |
| 888s | not going to help you at all right |
| 890s | you need to value the actual time that |
| 893s | you're that you're investing in the |
| 895s | markets just like you have to value the |
| 897s | time you spend mining now i know the |
| 900s | people are out there that think my |
| 901s | minerals the minerals are mine are free |
| 904s | right they're my natural enemy in the |
| 905s | eve habitat right |
| 908s | if you think that um |
| 912s | you have a problem all right because |
| 913s | you're you're you're going to |
| 916s | not make economically rational decisions |
| 918s | and that's going to not allow me to |
| 920s | predict what you're making because |
| 921s | you're not acting rationally so um so |
| 924s | it's fine of course it's fine but just |
| 926s | know you're creating problems all right |
| 928s | on the data side |
| 931s | speaking of data i'm gonna this is the |
| 932s | only slide that has math i promise right |
| 937s | however if you're mathematically |
| 939s | challenged this whole this whole thing |
| 940s | is going to be like an apple battle for |
| 941s | you right so my fund has four trillion |
| 944s | isk okay |
| 946s | easy enough |
| 948s | as i said there's two restrictions |
| 950s | one is time |
| 952s | right i want to actually limit |
| 955s | the amount of time i spend running the |
| 958s | fund because i have a life right and |
| 959s | this is not a job at least not yet right |
| 962s | so i say arbitrarily which is very close |
| 965s | to the truth i want to only handle 200 |
| 969s | items in e49 right |
| 971s | now that's for some of you that's going |
| 972s | to mean something for others i'll show |
| 974s | you what that means in a second all |
| 975s | right so that's one restriction time |
| 977s | it's limited two |
| 980s | risk |
| 981s | right and that has that's multi-faceted |
| 983s | because |
| 984s | for one i need to diversify anyone who |
| 986s | knows that right |
| 987s | like anyone that's investing anywhere |
| 989s | knows you need to diversify right even |
| 991s | if you don't know what that means you've |
| 993s | heard that before right you need to |
| 994s | diversify so |
| 996s | if i put that into math in here |
| 998s | for example |
| 1001s | i don't want to have an insane amount of |
| 1003s | items |
| 1004s | but i'm limiting the maximum number and |
| 1007s | i'm i want to limit the amount of trade |
| 1009s | days that i'm actually holding of a |
| 1011s | certain item |
| 1012s | right and what i mean by trade days is |
| 1015s | i can look at the amount of sell orders |
| 1018s | available in the forge like the region |
| 1020s | where jetta is in |
| 1022s | and i can |
| 1023s | look at how much i'm holding and i can |
| 1025s | say |
| 1026s | if i take the daily volume times five |
| 1028s | that's the maximum amount i want to hold |
| 1030s | you know why because |
| 1033s | stuff happens in eve like patches right |
| 1035s | people |
| 1037s | rotary sometimes |
| 1038s | don't know if you're out here right but |
| 1039s | sometimes you decide we're going to |
| 1042s | uh |
| 1043s | double the amount of ice in the game or |
| 1045s | we're going to double the amount of |
| 1049s | moon material right prosperity right |
| 1053s | for me that's a problem because then |
| 1054s | immediately i need to liquidate a lot of |
| 1056s | stuff if i if i'm holding way more than |
| 1058s | five trade days this is a serious issue |
| 1060s | because i i can't liquidate that's why |
| 1062s | i've i've recently lost a lot of money |
| 1063s | on all of this mumbo stuff that's why |
| 1065s | i'm still bitter |
| 1067s | i'm sure you can't tell |
| 1071s | so simple math again 400 4 trillion is |
| 1074s | 200 items that's means 20 billion per |
| 1077s | item roughly on average right |
| 1079s | if i take the 20 billion and i divide |
| 1082s | that by the five trade days that i just |
| 1084s | explained then that means |
| 1086s | i can really only trade in items |
| 1089s | that have a daily trade volume of four |
| 1092s | billion or more |
| 1093s | right so the the total trade that is |
| 1096s | happening every day in in the forge |
| 1099s | should be at least four trillion right |
| 1101s | now |
| 1102s | to me that means the world to you you're |
| 1103s | sitting here like i don't know what that |
| 1105s | means right so let me show you pictures |
| 1107s | pictures there are 40 000 items in eve |
| 1110s | online |
| 1112s | there are a few more but a lot of them |
| 1113s | aren't active et cetera et cetera right |
| 1115s | [Music] |
| 1116s | 40 thousand |
| 1118s | if you |
| 1120s | break that down and say i only want to |
| 1121s | look at the items that have a trade |
| 1123s | volume of over 1 billion isk |
| 1126s | every day in the forge |
| 1128s | you're already cutting that down to only |
| 1130s | 1 500 items that's not a lot right |
| 1133s | if i'm then breaking that down into the |
| 1135s | items that have five billion or more is |
| 1138s | traded a day we're only talking about |
| 1140s | 400 items and you remember how i wanted |
| 1143s | to trade in 200 items um i'm i'm |
| 1147s | by by that definition it's about you |
| 1149s | know half of those items that i'm going |
| 1150s | to invest in so it's actually quite |
| 1152s | small the amount of items that i can |
| 1153s | invest in |
| 1157s | what's in that little |
| 1159s | yellow box |
| 1160s | right if you do market trading you know |
| 1162s | this right but |
| 1163s | um i'll give you some examples of what's |
| 1166s | in there most of that is flex and skill |
| 1167s | injectors right |
| 1169s | splax and skill injectors are a huge |
| 1172s | part of the daily trade volume in eve |
| 1174s | online right |
| 1176s | and the problem with investing in those |
| 1178s | is that |
| 1178s | the stuff that impacts the plex prices |
| 1181s | and skill injector prices is mostly |
| 1183s | stuff that happens outside of the game |
| 1185s | so |
| 1186s | this is not this is not |
| 1188s | this is sometimes a little bit impact |
| 1190s | about what players do but this is much |
| 1192s | more impacted by by sales right this is |
| 1195s | impacted by |
| 1196s | you know |
| 1197s | crises that we're seeing in the world |
| 1199s | right now this is uh you know sometimes |
| 1202s | ccp decides to raise prices actually |
| 1204s | they've only decided to do that once but |
| 1206s | they |
| 1207s | did that last week or two weeks ago and |
| 1208s | they made it they made the price for |
| 1210s | plex and skill injector spike right so |
| 1211s | this is stuff where you got to be very |
| 1213s | careful you got to know |
| 1215s | uh you can't know but you've got to be |
| 1217s | reacting very quickly when there's |
| 1219s | public announcements |
| 1220s | moon materials backbone of tier 2 |
| 1223s | production obviously very very very high |
| 1225s | volume |
| 1226s | ice and fuel blocks certainly basic |
| 1229s | minerals |
| 1230s | salvage materials |
| 1232s | not all of them just like two or three |
| 1233s | of them are actually of a good volume |
| 1235s | that you want to trade in however very |
| 1238s | cyclical and |
| 1239s | you know it's stuff that people loot and |
| 1241s | then sell on the market |
| 1243s | so it's very easy to acquire so it's one |
| 1245s | of my favorites |
| 1247s | planetary commodities |
| 1249s | used to be very relevant in terms of um |
| 1253s | implant production but now also in you |
| 1256s | know factorships capitals there's been a |
| 1258s | lot of |
| 1259s | fluctuation around the use of planetary |
| 1261s | commodities |
| 1263s | ships are interesting because |
| 1265s | when people start trading a lot of a lot |
| 1267s | of people are like oh i'm gonna you know |
| 1268s | buy a bunch of ships and then sell them |
| 1270s | later for higher cost because |
| 1272s | it seems like people are under the |
| 1274s | wrong impression that the price of a |
| 1276s | ship has something to do with its |
| 1278s | popularity that's i think the biggest |
| 1279s | misconception of people trading in eve |
| 1282s | online because people are saying oh look |
| 1283s | the produce it got |
| 1286s | buffed a couple of weeks ago so i'm |
| 1288s | going to buy a whole bunch of pro pro ti |
| 1291s | i don't know proteuses |
| 1293s | and i'm going to get rich but that's not |
| 1295s | what happens in eve online what happens |
| 1296s | is like yeah sure it's the price of that |
| 1298s | proteus is going to maybe spike for a |
| 1300s | day or two because some people can't |
| 1302s | wait but then production is going to |
| 1304s | producers are going to move in they're |
| 1306s | going to reduce that margin again and |
| 1308s | the price is going to drop |
| 1310s | prices for ships are governed by raw |
| 1312s | materials and as long as raw materials |
| 1314s | doesn't change or the availability of |
| 1315s | raw materials doesn't change |
| 1317s | the equilibrium price of that ship is |
| 1319s | not going to change so ships are |
| 1320s | actually not something that i invest in |
| 1322s | a lot |
| 1323s | structures yeah but um you know they're |
| 1326s | they're they're very big so it's kind of |
| 1328s | clunky so you you trade more more |
| 1331s | through contracts which makes it very |
| 1333s | difficult implants |
| 1336s | faction and dead space modules actually |
| 1338s | are are a fantastic trade item |
| 1341s | they again they're looted by an activity |
| 1343s | that a lot of people do in game they're |
| 1345s | worth a lot |
| 1346s | and people |
| 1348s | love to buy them |
| 1350s | to use in their ships so that's actually |
| 1352s | a |
| 1353s | a very very efficient trade item that |
| 1356s | you can make a lot of money with |
| 1357s | insignias and abyssal filaments are |
| 1359s | among my favorites as well but you know |
| 1361s | i'm not going to go into into each one |
| 1363s | of them so if we break that down by |
| 1365s | trade volume we say okay |
| 1367s | what what does the overall |
| 1370s | gita or forge market look like |
| 1372s | daily we have about 14 trillion isk uh |
| 1375s | exchanging hands in in the |
| 1377s | in the in the forge market okay |
| 1380s | 23 of that is actual plex so if a |
| 1383s | quarter of all isk that is being moved |
| 1385s | in the forge is plex transactions so you |
| 1387s | can't really get around it if you're a |
| 1390s | large scale investing you really can't |
| 1392s | get around investing in plex |
| 1394s | another 16 is skill injectors and then |
| 1398s | ships are 10 and then you already have |
| 1400s | skill extractors so you can see that |
| 1401s | almost half of that pie is |
| 1405s | real money |
| 1406s | adjacent |
| 1408s | products i guess |
| 1411s | modules seven percent and then there's a |
| 1412s | whole bunch of other like small stuff |
| 1415s | the other 30 is so big because you have |
| 1417s | stuff like blue loot red loot that is |
| 1419s | not really trade it's just you know |
| 1421s | people doing stuff in game bringing it |
| 1423s | to jita and then selling it to npc buy |
| 1425s | orders that's not really trading right |
| 1429s | if we look at ship types specifically |
| 1432s | that's just a you know just a for your |
| 1434s | information because it's a nice graph |
| 1436s | if you look at the the ships that are |
| 1438s | traded in eve online |
| 1441s | so that's basically all sub caps and |
| 1443s | freighters above that it's you know |
| 1445s | again it's too clunky to trade in in in |
| 1447s | high sec |
| 1449s | then |
| 1450s | 40 of that is battleships okay that to |
| 1453s | me that's always a surprising number |
| 1454s | this is this is not item uh numbers but |
| 1458s | this is you know isk value so that you |
| 1460s | know that that explains it a little bit |
| 1463s | uh battlecruisers are only six percent |
| 1465s | cruisers are 20 very very popular um |
| 1468s | right a lot of that is one ship i'll ask |
| 1471s | you about that in a second |
| 1473s | um |
| 1474s | and then again you have a whole bunch of |
| 1475s | small stuff and then you know freighters |
| 1477s | seven percent jump freighters 10 that's |
| 1479s | kind of significant but that's just |
| 1480s | because they're |
| 1481s | very very expensive right now right |
| 1484s | so let me give you a little pop quiz |
| 1485s | right now uh on the on the battleships |
| 1488s | what do you think is the number one |
| 1492s | most |
| 1493s | traded battleship by value not so by |
| 1496s | overall trade volume not by item anyone |
| 1498s | want to take a guess |
| 1501s | sorry |
| 1504s | varga i heard le shark and you said |
| 1507s | the rattlesnake yeah it's probably good |
| 1509s | um just by price alone right now it's |
| 1512s | the marauders winning out because |
| 1513s | they're just so expensive |
| 1516s | um so the paladin the varga and the |
| 1517s | golem are actually one two and three by |
| 1519s | trade volume |
| 1521s | um for battle cruises it's the dracovac |
| 1524s | the the drake navy issue in the noses on |
| 1526s | the cruiser um |
| 1530s | yeah i actually won a beer yesterday in |
| 1532s | the security panel because i said what's |
| 1533s | the the they asked the same question |
| 1535s | about what's the most uh popular cruiser |
| 1538s | among boughters and that was also the |
| 1540s | gila right |
| 1544s | and the ishtar and the tengu right those |
| 1546s | are the the most popular ships |
| 1548s | so |
| 1550s | that's the backdrop |
| 1553s | against which i am investing so those |
| 1555s | are the items that are that are relevant |
| 1557s | at all i i call these relevant trade |
| 1559s | items because i have to kind of take |
| 1561s | these 40 000 items and put them into a |
| 1564s | manageable |
| 1566s | sandbox to to play with |
| 1568s | i've created a custom trading tool |
| 1570s | um to help me cut the time down that i |
| 1574s | actually spent doing all of this because |
| 1576s | i could i could be trading all day but i |
| 1578s | just i just can't right so what i've |
| 1580s | created is what i call the dashboard to |
| 1582s | rule them all right this is the |
| 1585s | this is the the bloomberg terminal |
| 1587s | version of eve online trading right |
| 1589s | um |
| 1590s | i have done all of this without the |
| 1592s | excel integration that was presented |
| 1594s | yesterday um i actually don't need don't |
| 1596s | need that i have a lot of |
| 1600s | friends and i have a lot of knowledge |
| 1602s | about taking all the data from the api |
| 1605s | and putting it into spreadsheets |
| 1607s | so what you see here is |
| 1610s | the dashboard that tells me every day |
| 1612s | which item category that i just talked |
| 1614s | about is moving in which direction which |
| 1617s | item category is trading at which |
| 1619s | percentage of |
| 1621s | the 52-week trading volume so compared |
| 1623s | to yearly trading volume and also price |
| 1627s | and also it looks at that availability |
| 1629s | it says okay which items or item |
| 1632s | categories are currently scarce on the |
| 1634s | market and which ones are abundant and |
| 1638s | that means that i can see |
| 1640s | you know shortages coming i can see |
| 1643s | which items are currently flooding the |
| 1645s | market and might be cheap to pick up |
| 1647s | and then last but not least also i also |
| 1649s | look at the the daily trade volume in |
| 1651s | each of the categories right up until |
| 1653s | here it's all just dashboard information |
| 1656s | which is very i mean this information is |
| 1658s | very important because it allows you to |
| 1660s | make quick decisions but this in itself |
| 1662s | is not a trading tool yet what makes it |
| 1664s | an amazing trading tool |
| 1667s | is the querying that i can do with it so |
| 1669s | what i do is |
| 1672s | i have a a little query and this is the |
| 1674s | reason this is not |
| 1675s | it doesn't have a good ui is because i'm |
| 1677s | the only one using it right this is not |
| 1678s | something that i'm giving to people so |
| 1680s | if you're wondering his scratches are |
| 1681s | really ugly i i use them just myself |
| 1685s | and |
| 1686s | what that says in the top left corner |
| 1687s | there is |
| 1689s | i'm looking for items that are trading |
| 1691s | at 90 |
| 1693s | 52 week average so these are items that |
| 1695s | are trading at least |
| 1696s | 10 below what the item was trading all |
| 1700s | year |
| 1701s | i want items that are trading above 100 |
| 1704s | volume so it's items that are hot that |
| 1706s | are trading right now at a higher volume |
| 1708s | than usual i want items that |
| 1711s | have less than five trade days available |
| 1714s | in the market so kind of scarce items |
| 1716s | and |
| 1717s | i could reduce it by by category but in |
| 1720s | this case i didn't and then i want items |
| 1722s | that have a trend above zero and that |
| 1724s | just means i want items that are trading |
| 1726s | higher today |
| 1727s | than they were trading yesterday |
| 1729s | now this all seems very theoretical but |
| 1732s | what this does is it cuts |
| 1734s | two or three hours of work or maybe |
| 1737s | impossible work down to about three |
| 1739s | seconds that i can do every day and i |
| 1741s | have about five of these queries where |
| 1743s | then i get an output like this and this |
| 1745s | table right there |
| 1746s | when just went through all of the |
| 1748s | relevant trade items in eve |
| 1750s | and |
| 1751s | gives a nice neat little list that tells |
| 1754s | me okay what's the item how much does it |
| 1757s | trade actually on trading volume every |
| 1759s | day |
| 1760s | how is it in relation to the uh the |
| 1763s | average price volume and availability it |
| 1765s | color codes it nicely |
| 1766s | i can copy this and a lot of people |
| 1768s | don't know this but you can actually |
| 1770s | just paste it into the market browser in |
| 1772s | your in your station in in jita |
| 1775s | or whatever it is you're doing trading |
| 1778s | but if you're not doing in geeta you're |
| 1779s | really doing it wrong um |
| 1781s | so you paste that |
| 1783s | in the browser |
| 1784s | or in your in your market window you can |
| 1786s | go through some of those items are not |
| 1788s | going to be great because this tool only |
| 1790s | does technical analysis some of these |
| 1791s | items are going to not make sense to |
| 1794s | trade and because for example here we |
| 1796s | have you know minerals and the tool just |
| 1798s | says hey minerals are really cheap right |
| 1800s | now at least some of them are right |
| 1802s | and |
| 1804s | we know or at least you know if you're |
| 1805s | doing micro trading you know well yeah |
| 1807s | but you know we just had prosperity so |
| 1810s | you know a lot of the items were |
| 1811s | reintroduced back into the game from a |
| 1813s | scarcity phase so we actually have um |
| 1816s | reasons why these are trading very |
| 1817s | cheaply |
| 1819s | but |
| 1820s | this again |
| 1821s | this is an this is this allows me to |
| 1823s | quickly look at these items |
| 1825s | [Music] |
| 1826s | there's very rarely |
| 1828s | uh does it happen that i don't have the |
| 1830s | biggest money makers of the day in this |
| 1832s | in this type of list right maybe not |
| 1835s | with these exact parameters but i play |
| 1836s | with them every day right |
| 1839s | eve wouldn't be eve and i couldn't do |
| 1841s | what i do in eve if there weren't just |
| 1844s | amazing third-party developers in this |
| 1846s | community right so i want to do some |
| 1847s | shout outs and i want to maybe inspire |
| 1849s | you if you're looking to either get into |
| 1851s | trading or you have a specific niche |
| 1853s | case that you want to use a tool for i |
| 1856s | want to mention some |
| 1858s | some some of a plethora of amazing tools |
| 1861s | right adam for eve dot eu is the closest |
| 1865s | thing to my trading tool that you're |
| 1866s | going to find in terms of a web tool so |
| 1869s | um if you don't know it absolutely |
| 1871s | amazing that he he's got a margin finder |
| 1873s | on there he's got a material influence |
| 1876s | tool where you can look at which items |
| 1878s | go into |
| 1878s | uh which uh |
| 1881s | finished goods uh and um how big the |
| 1884s | trade value of these finished goods is |
| 1886s | uh he has a dashboard just like just |
| 1888s | like mine kind of like mine which you |
| 1890s | can tweak a little bit to your to your |
| 1891s | liking so adam for eve best overall tool |
| 1894s | chief assets is a java based application |
| 1896s | that i'm sure a lot of you use for |
| 1898s | character management |
| 1900s | you can look at your assets transactions |
| 1902s | the nice thing about that is you can't |
| 1904s | you know you can use it to find assets |
| 1906s | that you thought were lost like you'd be |
| 1907s | amazed how many assets you might have |
| 1909s | across space that you didn't know about |
| 1911s | but you can also copy that out to |
| 1913s | spreadsheets if you want to do |
| 1914s | additional work with it fuzzwork a lot |
| 1916s | of you guys know that probably because |
| 1918s | of the lp |
| 1919s | tool that that he's got on the website |
| 1921s | but also he's got an api for market data |
| 1923s | so that's how i can |
| 1925s | draw a lot of the market data into my my |
| 1927s | spreadsheets |
| 1930s | mocam.dk is a tool that actually came |
| 1933s | out of our community because |
| 1936s | for the longest time |
| 1937s | from the eve api you can only get |
| 1939s | current market data you can't get |
| 1941s | historical data so if you want to do |
| 1942s | what i do with the comparison against |
| 1944s | yearly averages and monthly averages and |
| 1946s | that sort of stuff then you need |
| 1949s | historic market data and so |
| 1952s | mocam is a person from our community who |
| 1954s | created a tool that lets you draw a |
| 1958s | whole bunch of kpis |
| 1960s | that he calculates based on the data |
| 1962s | that is available from |
| 1964s | from from ccp and i i couldn't do my |
| 1966s | spreadsheets without that |
| 1969s | and then eve cookbook.com |
| 1972s | fantastic site if you want to know |
| 1974s | what the blueprints take for each item |
| 1978s | so you can go in and |
| 1980s | look at currently right now look at not |
| 1982s | only what it's going to be now but also |
| 1985s | what is going to be on cc with the |
| 1986s | changes that are that are coming to to |
| 1989s | blueprints here very soon around the |
| 1990s | corner |
| 1991s | and the great thing about that is you |
| 1993s | can actually he's got an api where you |
| 1995s | can pull that data into your spreadsheet |
| 1997s | as well so what i what i do on my query |
| 1999s | one of the kpis that i can query on as |
| 2001s | well is compared to the build cost so i |
| 2003s | can do everything that i just showed you |
| 2005s | and then and then say and now show me |
| 2007s | the items that are like that but are |
| 2009s | trading below build cost and that's |
| 2011s | that's a real game changer because you |
| 2013s | know if you look at for example um you |
| 2016s | know capitals or or freighters in |
| 2019s | in the last few weeks were um or in the |
| 2021s | last few months where they were all |
| 2023s | trading below build costs and they were |
| 2025s | really a a good investment you know if |
| 2027s | they hadn't been changed back now but |
| 2029s | you know they were a very good |
| 2030s | investment |
| 2031s | and that's not possible without things |
| 2033s | like like eve cookbook |
| 2037s | so the last thing i want to tell you is |
| 2039s | some notable traits because i know you |
| 2040s | know this was a lot of |
| 2042s | spreadsheets |
| 2044s | data abstract concepts so what is that |
| 2046s | what does that mean in game what what do |
| 2047s | i actually do what are some notable |
| 2049s | traits um |
| 2052s | the plaques for good campaign was |
| 2053s | actually a a time |
| 2056s | where a lot of people |
| 2058s | that may have had historic characters |
| 2060s | uh used as an opportunity to liquidate a |
| 2063s | lot of skill points and get out of the |
| 2064s | game that way right in |
| 2066s | a way that you know a lot of a lot of |
| 2069s | very very old players that are that have |
| 2071s | not played the game in a long time what |
| 2073s | um what they want to do is they wait for |
| 2075s | plex for good campaign so they can |
| 2077s | donate the uh do something good with |
| 2079s | their plaques right |
| 2081s | in this case |
| 2082s | there were players that were donating a |
| 2085s | hundred thousand plex and more right i |
| 2087s | know at least one person that that did |
| 2089s | that was which is which is insane that's |
| 2091s | a large chunk of the the 500 000 uh that |
| 2094s | we that we saw yesterday um or that |
| 2096s | we've that we saw on the end of the plex |
| 2098s | for good campaign the problem those |
| 2100s | people have is they need to find |
| 2102s | find players to buy all these skill |
| 2103s | injectors from them right because who's |
| 2105s | got 500 billion lying around |
| 2107s | i do |
| 2108s | um |
| 2109s | and so it doesn't take long for those |
| 2112s | players to find me |
| 2113s | and |
| 2114s | i bought over 500 billion in skill |
| 2117s | injectors um |
| 2119s | during that time a few months ago |
| 2121s | not knowing that ccp would raise prices |
| 2124s | and thereby um |
| 2126s | making not only the plex price but also |
| 2128s | the large scale injector prices explode |
| 2130s | so that was probably the single most |
| 2132s | profitable trade that i've um that i've |
| 2135s | done in the last two years since running |
| 2137s | the fund so that um i bought them all at |
| 2139s | 590 and they're over 700 now so that's |
| 2142s | that was good but it's not all roses um |
| 2145s | it's it's also i i've also lost 150 |
| 2148s | billion on on some of the um moon |
| 2151s | material crash because i was just too |
| 2153s | heavily in uh into moon materials and |
| 2156s | when ccp announced the |
| 2159s | the implementation of |
| 2162s | of compression for for moongu and then |
| 2164s | also within the same month |
| 2166s | basically |
| 2167s | increasing the amount of available moon |
| 2170s | or |
| 2171s | in the universe that just crashed prices |
| 2173s | uh they were |
| 2175s | the crash prices crashed too quickly for |
| 2177s | me to react and so i lost a lot of money |
| 2179s | in that |
| 2180s | and then this is more of a public |
| 2182s | service announcement because i'm always |
| 2183s | surprised that not everyone does this um |
| 2186s | so right now is capsuleer day right and |
| 2188s | everyone gets practice gnosis and |
| 2190s | sinesis right and |
| 2192s | if you're talking about anyone in |
| 2194s | trading it's very clear that when |
| 2196s | everyone gets something the prices just |
| 2198s | crash right so |
| 2201s | just by buying up all the practices |
| 2203s | gnosis and synesis in this week |
| 2206s | i made 20 billion last year right um |
| 2210s | apparently this is this is still not out |
| 2212s | there like i fully expect to not be able |
| 2214s | to do that anymore because i keep |
| 2215s | telling people you guys need to do that |
| 2218s | so this year i'm hoping that |
| 2220s | i'm hoping just as an experiment that |
| 2222s | the price drop isn't actually going to |
| 2223s | be that big because people anticipated |
| 2225s | and i've educated enough people so let's |
| 2227s | see if that experiment turns out but so |
| 2229s | far i've made out |
| 2231s | like like a bandit on those uh society |
| 2233s | of conscious thought ships |
| 2235s | which are amazing by the way |
| 2237s | all right |
| 2239s | i'll leave you with some lessons learned |
| 2240s | and then we'll do some q a if you guys |
| 2242s | want |
| 2243s | one |
| 2244s | this is a sandbox |
| 2246s | right you can |
| 2247s | no matter what your skills are you know |
| 2249s | you can find your niche and why wouldn't |
| 2252s | you if you want to why wouldn't you try |
| 2254s | to be the best at something right you |
| 2255s | don't have to go out and and shoot stuff |
| 2257s | if you if you don't want to you don't |
| 2259s | have to be in a large alliance or |
| 2261s | corporation i am neither of that i can't |
| 2263s | i can't i don't undock i can't do |
| 2265s | anything in eve i really this is all i |
| 2267s | do right but i can be the best at |
| 2268s | something or at least in some niche or |
| 2270s | at least be among the best right |
| 2274s | because the best ones aren't the ones up |
| 2275s | here talking about it then they're just |
| 2277s | quiet about it |
| 2279s | you can build trust and eve so this is |
| 2281s | this is big right because everyone's |
| 2283s | going to tell you it's not possible it |
| 2285s | is it's it's just a lot of work right |
| 2287s | and and not a lot of people um actually |
| 2289s | get to experience it but i'm i'm very |
| 2291s | privileged and privileged in in that |
| 2293s | respect and it's it's a lot of |
| 2295s | it's it's a lot of fun and i get a lot |
| 2297s | of enjoyment |
| 2298s | out of doing what i'm doing so i'm very |
| 2299s | happy that i get to do that |
| 2302s | and then thirdly |
| 2305s | i fully thought when i started this |
| 2308s | right that i would be ridiculed that |
| 2311s | you know the community would just say |
| 2313s | what like what |
| 2314s | how how dare how dare you and you know |
| 2317s | you can't you can't take people's |
| 2319s | like |
| 2320s | and and i got a little bit of that you |
| 2322s | know i got like five or six people but i |
| 2324s | got like a thousand people saying oh how |
| 2326s | cool you're doing something that other |
| 2328s | people aren't you know ccp was super |
| 2330s | supportive my stream is very successful |
| 2333s | so |
| 2334s | you know |
| 2335s | sometimes the community gets a bad rap |
| 2337s | on being you know very |
| 2339s | very you know very cutthroat or very you |
| 2342s | know mistrusting that's not the |
| 2344s | experience that i've had at all i've had |
| 2346s | a fantastic experience it's been a ton |
| 2348s | of fun and i'm just very thankful for |
| 2351s | you all for for this community um this |
| 2353s | is my first fan past and it it's just um |
| 2357s | it has solidified everything that my eve |
| 2360s | experience has been in the last few |
| 2362s | years being very active in this |
| 2363s | community so um thank you all for for |
| 2366s | that |
| 2368s | and so |
| 2369s | that's that's really is er it's it for |
| 2372s | for my presentation today um |
| 2374s | we'll we'll take a few questions i i |
| 2376s | honestly the number one question that |
| 2378s | i've already gotten um that i'm going to |
| 2381s | preempt before somebody asks is |
| 2384s | when are you going to run away with the |
| 2385s | money right because |
| 2388s | i'm sitting on all that money and i |
| 2389s | think i've already explained uh uh i |
| 2392s | i've explained why i'm not going to run |
| 2394s | away with the money um however |
| 2399s | if i would ever run away with the money |
| 2400s | this this moment right here would |
| 2402s | probably be the best because there's a |
| 2404s | lot of press here ccp is here there's a |
| 2406s | lot of you watching right and would be |
| 2409s | the most |
| 2410s | fun time for me to right now say |
| 2413s | i'm going to take all of your money and |
| 2414s | i don't know you know if i can't i can't |
| 2416s | really it would have to be a plex for |
| 2418s | good thing right um but today is not |
| 2421s | that day right but if if i get invited |
| 2423s | back next year to to do the 20 year |
| 2425s | anniversary maybe that's a good time to |
| 2427s | just liquidate everything and give it |
| 2428s | away all right so |
| 2430s | thank you guys um if you have questions |
| 2432s | let me know if not there's a round table |
| 2434s | at uh at 4 pm today yeah |
| 2437s | thank |
| 2439s | [Applause] |
| 2445s | yes so will i double his isk is the |
| 2448s | question so |
| 2449s | absolutely |
| 2451s | my return on investment is not nearly a |
| 2454s | hundred percent right and people don't |
| 2456s | expect that just because it's it's it's |
| 2458s | that big and i'm very transparent about |
| 2460s | what i do so isk doubling is not |
| 2462s | actually uh what i do but of course that |
| 2465s | is also a very popular question and |
| 2467s | typically my answer is uh yes of course |
| 2468s | just give me your money i'll double it |
| 2471s | um i'll share that in a second i see |
| 2473s | dunk at the uh at the at the mic there |
| 2476s | well first i just want to thank you for |
| 2478s | doing the show it's a great thing to |
| 2479s | watch while i'm doing my space work so i |
| 2481s | appreciate it thank you so my question |
| 2483s | uh i do a lot of industry work not as |
| 2485s | much trading so my spreadsheets all |
| 2487s | monitor the costs of things across the |
| 2490s | different hubs and in null sect that |
| 2491s | kind of thing and what i see from time |
| 2493s | to time |
| 2494s | are expensive ships t2 ships like hacks |
| 2498s | uh different expensive ships to make |
| 2500s | trading below the maximally optimal |
| 2504s | build cost and in significant numbers |
| 2507s | and multiple orders for that where it is |
| 2509s | now that is the default market price so |
| 2512s | i'd like to get your take on what you |
| 2514s | think is going on because |
| 2516s | suddenly |
| 2517s | i don't know how they make any i don't |
| 2518s | know what's going on there |
| 2520s | so my theory on that is |
| 2522s | um for one it's those people that don't |
| 2525s | value their own time and and resources |
| 2527s | so if |
| 2528s | um |
| 2529s | [Music] |
| 2530s | if theoretically let's say theoretically |
| 2532s | those were bought accounts mining right |
| 2535s | bot accounts if they if they no i'm not |
| 2537s | saying this is going on right |
| 2539s | um but if if the in an extreme case it's |
| 2542s | a bot account mining so they don't value |
| 2544s | the time they don't have to value the |
| 2545s | time because it doesn't exist right |
| 2548s | they have a very different price point |
| 2550s | right also you would be surprised at the |
| 2553s | amount of people i talk to that do |
| 2554s | industry just |
| 2556s | because they like doing industry so a |
| 2558s | lot of times what happens is |
| 2561s | people will |
| 2562s | will |
| 2563s | will not correctly track the cost of the |
| 2565s | raw material and also if you just look |
| 2568s | at it from a data perspective it might |
| 2570s | not be profitable but |
| 2572s | maybe their price point is completely |
| 2574s | different and you're saying i mean i |
| 2576s | know you do it on an industry scale |
| 2577s | right on an alliance scale i i know that |
| 2580s | but your price point might be even in |
| 2582s | your alliance might be way different |
| 2585s | from another alliance so i think in the |
| 2587s | end we're never going to know i think |
| 2589s | it's a mixture of price point and people |
| 2591s | not valuing their time i think there's i |
| 2593s | mean there are a ton of bad decisions |
| 2597s | being made economically speaking and eve |
| 2599s | online it's it's staggering like i i |
| 2601s | think the people making good economic |
| 2603s | decisions are definitely in the minority |
| 2607s | and i don't know if that's reflective of |
| 2608s | the real economy out there but uh it's |
| 2611s | you know i've i've given up trying to |
| 2613s | trying to assume that everyone makes |
| 2615s | good economic decisions |
| 2619s | on the topic of bots have you considered |
| 2622s | implementing a high frequency trading |
| 2624s | bot |
| 2626s | to automate your own work |
| 2629s | um |
| 2631s | so what the stuff i do is all |
| 2634s | already geared towards minimizing the |
| 2636s | amount of time that i spend and so the |
| 2639s | the time where i could optimize i guess |
| 2641s | is to |
| 2642s | to take that list and generate the input |
| 2645s | for a market order um |
| 2647s | automatically |
| 2649s | but |
| 2650s | my strategy and this is where i i'm very |
| 2653s | different from i think other station |
| 2654s | traders that i know and talk to is |
| 2657s | i don't i don't do you know i don't have |
| 2659s | 30 000 outstanding orders on 100 |
| 2662s | accounts like that's not the stuff i i |
| 2664s | do that's what um people like eve trade |
| 2667s | does for example right |
| 2669s | i i have one or two accounts i have a |
| 2672s | few hundred orders i don't that's not |
| 2673s | what i do i i do strategic long-term |
| 2676s | investing and so |
| 2678s | for me actually i'm very close to the |
| 2680s | optimal way of trading my strategy of |
| 2684s | buy and hold right |
| 2686s | i can't optimize that in terms of |
| 2689s | um you know |
| 2690s | saying |
| 2692s | this is a spreadsheet that tells me |
| 2693s | exactly buy a hundred of this item today |
| 2696s | that wouldn't that wouldn't fit me with |
| 2698s | my strategy but that would be a smart |
| 2700s | thing to do for other people i don't |
| 2701s | know how you would have to be careful |
| 2703s | with the euler though right |
| 2705s | somebody asked about the roi um i'm i'm |
| 2708s | i'm much more |
| 2709s | so i used to be in the range of i have a |
| 2712s | smaller fund with uh more more high |
| 2714s | value items where i would reach around |
| 2716s | 20 |
| 2718s | roi |
| 2720s | on a yearly basis not a monthly basis |
| 2722s | right and um and in in |
| 2725s | on on my large fund it's more you know |
| 2727s | like three four percent but these are |
| 2729s | people investing like 100 billion isk so |
| 2731s | i mean they're not doing anything with |
| 2733s | it |
| 2734s | and if if i'm just writing the market a |
| 2735s | little bit |
| 2736s | then they're happy |
| 2739s | is there a |
| 2740s | in-game item you wouldn't like to sell |
| 2743s | because you |
| 2744s | do like it a lot |
| 2747s | um that i wouldn't sell because i like |
| 2749s | it a lot |
| 2750s | yeah because you have it in your hunger |
| 2753s | your first chip or something like that |
| 2755s | ah all right i i do i do i'm um |
| 2759s | you know and again |
| 2761s | i'm gonna have to call out retardy again |
| 2762s | i don't know if you're here but the |
| 2764s | signal 25 needle jack filaments i have a |
| 2766s | real problem with them and |
| 2768s | those those trigger me every every |
| 2770s | single time because |
| 2772s | they were released to be like a very |
| 2774s | high value item back in the day right um |
| 2778s | and i bought almost the entire market of |
| 2780s | them i bought them at around |
| 2783s | 5 10 20 million a piece now i don't know |
| 2786s | if you know what they're trading at |
| 2788s | today but ccp very soon after the |
| 2791s | announcement that they're going to be |
| 2792s | very important and very great release |
| 2795s | them as a login item for everyone to |
| 2796s | have which is fantastic if you're |
| 2798s | holding half the universe of them right |
| 2800s | so i have a |
| 2802s | i have a humongous pile of worthless |
| 2805s | signal 25 needle jacks in there and now |
| 2808s | they've at least taken them off |
| 2810s | the login rewards again so actually |
| 2813s | their value has you know quadrupled |
| 2816s | probably since that happened but i will |
| 2819s | never ever get back to the 10 20 million |
| 2821s | so that's the item that i'm just on |
| 2822s | principle i'm never selling again |
| 2824s | because i'm just i'm just keeping it |
| 2825s | yeah |
| 2827s | all right |
| 2828s | 4 p.m uh is the round table if you want |
| 2831s | to talk uh uh no doubt about |
| 2832s | spreadsheets and everything i thank you |
| 2834s | all um so much only for for being here |
| 2837s | for for you know listening to my |
| 2839s | presentation um and please approach me |
| 2842s | if you have any questions would love to |
| 2843s | meet as many of you as possible right |
| 2844s | thank you guys so much |