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You could have made trillions of dollars with ANY asset in ANY time period if you time it right, so this is not special or unique
by TedShiller 4y ago
You could have made trillions of dollars with ANY asset in ANY time period if you time it right, so this is not special or unique
- alephnan 4y ago> trillions of dollars with ANY asset There SOME assets which are not worth trillions, so no. > in ANY time period There are SOME time periods which any given assets decline in value. Over an infinite time scale, the survival rate of everything is zero. But of course you're speaking about selecting the optimal interval in that time scale. The problem is we are not immortals, infinite time scales is irrelevant. Many are born too late to be Warren Buffet.
- deleted 4y ago[deleted]
- carnitine 4y agoNo, you definitely could not. That would require a highly liquid asset.
- roflyear 4y agoYeah not trillions and not any asset. But many millions and 99% of traded funds, yeah.
- quickthrower2 4y agoIndeed. The only entity capable of this is the Federal Reserve.