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^This comment right here. This is what it was like to live through 1999.
by dcolkitt 6y ago
^This comment right here. This is what it was like to live through 1999.
- xiphias2 6y agoI had to upvote you, even if you make fun of me, it's so funny :) Maybe you're right. But the stocks are very far from overvalued as long as the bond bubble doesn't pop (which depends on the FED policy). https://endlessmetrics.substack.com/p/s-and-p-500-m2-money-supply https://endlessmetrics.substack.com/p/s-and-p-500-m2-money-s... Also I remember listening to Ark's interview with Moderna's CEO last April when nobody knew about that company.
- dcolkitt 6y agoHaha. Fair enough. Thanks for being a good sport. Your perspective could very well prove right, and mine wrong. Who's to say. Sometimes this time really is different. And us old guys will be the last to realize it.