Data:
{
"text": "I was scrolling Reddit to get backtest ideas. Long ago, I had heard of “[the White Girl Index](https://nexustrade.io/library?id=96a78edc-94ac-430e-8ad4-691322a49d73)”, a collection of targeting investments that adult white women would buy. This included Target, Starbucks, and Lululemon.\n\nWhile scrolling through the comments, [a random Redditor proposed something that I found interesting](https://www.reddit.com/r/investing/comments/9n31xf/comment/e7jd3qq/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). The “Neckbeard Index”. From his comment:\n\n>I humbly propose the Neckbeard Index: \nNVIDIA \nAMD \nPEP \nDPZ \nNFLX \nAMZN \nTSLA \nBTC\n\nOut of curiosity, [I decided to try it out in a backtest and saw this crazy result.](https://nexustrade.io/library?id=41194368-aa82-47a1-a7c4-b5d1f3e5620c)\n\n[The \\\\\"Neckbeard Index\\\\\"](https://i.redd.it/8yhtue34hu0d1.gif)\n\nThis portfolio is up **over 550% in the past 5 years**. If you look at the other metrics like sharpe ratio and sortino ratio, it's also much better than SPY.\n\n# Call to Action: Let's Make a New Neckbeard Index\n\nu/compounding wasn't a psychic. He just noticed trends and if you decided on it, you would've gotten LOTS of money. It's time for us to make a new neckbeard index.\n\nObviously gaming stock will be in it, but what else? NVIDIA still? AMD? I'll create a portfolio with the top upvoted comments.\n\n**EDIT:** \n\nMy comments seem to be hidden, but I’m reading through all of the replies. \n\nSo far, we have\n\n* HOOD (by far our favorite brokerage)\n* The stock that cannot be named (originated from this subreddit, plus we’re gamers)\n* RDDT (self-explanatory)\n* NVDA and AMD (our gaming computers)\n* DPZ (c’mon)\n* WMT (where we buy our video games and tendies\n* AMZN and MSFT\n\nWhat else should I add to the list?\n\nOther possible stocks:\n* movie theater stock (undeniable shitstock)\n* COIN (do we like crypto?)\n* marijuana stocks (hot garbage but decriminalization) 🤔\n* LLY\n* DIS\n* CMG\n* CRSR\n* NFLX",
"label": "r/wallstreetbets",
"dataType": "post",
"communityName": "r/wallstreetbets",
"datetime": "2024-05-16",
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}