2 ms·
Wow this is actually true. I have no idea how I'm only realizing this now
by mstipetic 5y ago
Wow this is actually true. I have no idea how I'm only realizing this now
- adventured 5y agoThe tech media and media in general is intentionally not talking about it widely. For ~6-8 years there was 24/7 talk of: "is the bubble ending? when will it end?". Then the bubble actually ends and everybody stops talking about it - because it finally actually happened and that's a lot more terrifying than speculating on ifs and whens. Trillions of dollars in paper wealth are going to vanish. A lot of these hyper multiple tech stocks are about to enjoy a long stretch of compression with far lower to negative returns, in the style of the post Nasdaq bubble years.