$146,000 in Losses From Three People Who Were All Completely Certain

Since Feb 28th, the S&P has slid -4.1%.

But the people invested in the Patriot Income Plan (P.I.P.)...

They barely noticed.

While the world panicked over "World War III"

Their distributions kept arriving. On schedule. In full. Some have collected 15+ separate payouts during the three months of war.

And their portfolios? The average partnership inside P.I.P. has gained 7.2% during this conflict. The best performer rose 15.3%.

That's the difference between owning stocks and owning infrastructure.

Stocks trade on fear. Infrastructure collects fees on every molecule of oil and gas that moves through America, war or peace, boom or bust.

And that's exactly what P.I.P. is.

A way for you to own critical infrastructure that pays you whether America is at war or not.

With unit prices cooling from wartime highs, today may be the best entry point in months. The next P.I.P. payout is days away.

Enroll now, before it's issued.

P.S. Since 2020, the average partnership in P.I.P. has produced 20% avg. annual gains. That's in addition to the 10% yield. One investor already collects $4,800 a month. Another hasn't worked in years. Show me something better. I'll wait. [Enroll in P.I.P. →]

LOSS OF THE DAY 🏆

Every day we crown one person who made the worst financial decision on the internet.

Today's winner didn't gamble on a memecoin or an earnings report. He gambled on the federal government. Specifically, on a contract ruling.

Here's the setup. A guy on r/smallstreetbets found WidePoint Corporation. Ticker: $WYY. Market cap under $200 million. The kind of stock most people scroll past without a second thought.

But he didn't scroll past. He read the RFP for the DHS Cellular Wireless Managed Services 3.0 contract. All 147 pages. He built a spreadsheet. He called investor relations. Twice.

Then he put $167,000 into it. His entire brokerage account. 15,578 shares at $10.72 average.

One problem: the GAO was reviewing a protest from a competing bidder.

On September 25, the GAO ruled against WYY. The contract was sent back to DHS for re-evaluation. The stock opened at $10.93 and closed at $5.47. Down 50.6% in a single session.

He put his entire brokerage account into a single small-cap stock because he was sure a government contract ruling would go his way.

His 15,578 shares went from $167,000 to $85,212. Loss: $81,788.

He's still holding. His latest post title: "GAO is wrong and I can prove it."

Brother. The GAO is a federal agency. You are a guy with a spreadsheet. Those are not the same thing.

Here's what makes this one worth studying. He did more research than 99% of retail traders. He read the RFP. He built the model. He just forgot the part where a single binary event can override 147 pages of due diligence.

The company he was betting on? It does managed wireless services for the federal government. The irony of losing your savings on a company whose job is helping other organizations manage risk.

Not everybody can be Loss of the Day. But these two gave it a real shot.

Let's run through the tape.

There's a number that should terrify anyone in DeFi. That number is the age of the protocol you just deposited money into.

u/yield_degen_07 deposited $41,700 USDC into a lending protocol called VaultEdge. It was advertising 19% APY on stablecoin deposits. The TVL was $23 million and climbing.

Here's the thing. The protocol had been live for nine days.

The audit was four pages long. It was conducted by a firm with 12 Twitter followers.

On day nine, a reentrancy exploit drained the vault. Every dollar. Gone in a single on-chain transaction.

The protocol had been live for nine days. The audit was four pages long.

The protocol's Twitter account was deleted within the hour. Their last tweet, posted six hours before the exploit: "We take security seriously."

This one stings because the numbers were actually good.

u/earnings_sniper22 bought 250 call contracts on Trio-Tech International ($TRT). Strike price: $12. Expiration: November. Cost: $0.93 each. Total position: $23,250.

His thesis was clean. TRT makes semiconductor testing equipment. AI demand was driving record orders. Earnings were about to confirm it.

The earnings came in. 72% revenue growth. Exactly what he expected.

The company reported 72% revenue growth. The stock dropped 36%.

Turns out the market was worried about margin compression and one-time contract revenue that wouldn't repeat. The numbers were great. The forward guidance was not.

His 250 contracts went from $0.93 to $0.02. Loss: $22,750. That's 97.8%.

His post-earnings comment on r/options: "The numbers were literally perfect. What happened?" What happened is that earnings reports have two parts - the past and the future. He only priced in one of them.

The best part of any loss thread isn't the screenshot. It's the comments section.

Here are today's greatest hits.

Translation: the copium supply remains fully operational. The self-awareness supply is on backorder.

See you tomorrow. New losses, fresh copium, same dosage.