Every time I read the Hacker News comments for any article to do with economics or trading I'm painfully reminded of the Gell-Mann amnesia effect[0]. The latest

Every time I read the Hacker News comments for any article to do with economics or trading I'm painfully reminded of the Gell-Mann amnesia effect[0]. The latest javascript front end framework sure but fates help anybody who takes investing advice from this place. Reminds me of the infamous r/buttcoin subreddit. On the front page there you can see when the sub was created. From then until now while they were busy being permabears bitcoin's price has exploded over 1000x. [0]https://en.wikipedia.org/wiki/Michael_Crichton#GellMannAmnesiaEffect https://en.wikipedia.org/wiki/Michael_Crichton#GellMannAmnes...