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The same data will also tell you that the market always recovers and eventually reaches new all time highs. In the long term (10+ years horizon) it's not that r
by quantumofalpha 6y ago
The same data will also tell you that the market always recovers and eventually reaches new all time highs. In the long term (10+ years horizon) it's not that risky, at least talking about pure economic crashes. I'm more worried about geopolitical risks / wars. You need a diversifier, right, but bonds ain't it today - yields are near zero or negative, cash is trash
> How hard do you think is it to get hired to L4 with ~7 years of experience?
No problem from yoe perspective. You can even shoot for L5 if you have some project/team lead experience to talk about
- burntoutfire 6y ago> The same data will also tell you that the market always recovers and eventually reaches new all time highs. Japanese market is still down 28% from an all-time high in 1989... (and of course it's worse if you account for inflation). If this could happen in Japan, this can happen in US or anywhere else...
- quantumofalpha 6y agoYes, but that's more akin to stock picking. Individual stocks also don't always recover. In fact a large part of market growth is historically driven by relatively few stocks. Make your life simple and choose something like MSCI World if you're not confident in your stock/country/sector picking skills
- protein_powder 6y agoThe Japan case could even happen in the world, as everything is tied to the US dollar the US never printed this much money. I dont think we have ever had Quantitative easing for such a long time. Since people dont have any other place for their investments, everybody dumps their money into stocks, which pumps up the price. The current high after the corona drop cannot be explained with fundamentals.