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You were so close to getting there - he is a rationalist and, purely my personal opinion, the markets have been behaving irrationally for several years (I would
by AmericanBlarney 5y ago
You were so close to getting there - he is a rationalist and, purely my personal opinion, the markets have been behaving irrationally for several years (I would say even the Trump years of fiscal manipulation to pump the markets).
Where I think you're off base is that, while markets can stay irrational for extended periods of years (and have before), eventually people realize the emperor has no clothes and there's always a reckoning at some point.
- uejfiweun 5y agoI hope you're right, and I really mean that, because I have personally made a large bet that the stock market peaked in Dec / Jan. However, I am an eternal pessimist, so I kind of assume my bet won't pay off and this new meme stock bubble economy is ACTUALLY the new normal. God I hope you're right.
- greenie_beans 5y agoLol, so pessimistic that you don’t think your pessimistic bet will pay off. Damn, relatable.
- hackernewds 5y agoThis took me on a rollercoaster of meta-pessimism