> But... what's the alternative? How are you going to tell millions of people "we'd like you to stop investing in the market/deny you access to the chance for 6

> But... what's the alternative? How are you going to tell millions of people "we'd like you to stop investing in the market/deny you access to the chance for 6-10% index-fund-level returns because you're driving valuations up"? You don’t need to tell them to stop. If the sole thing pumping these stocks up is excess savings as soon as the economy slows down it’s not going to be sustainable. Some of these stocks will go down as people remove their money from the market and people will lose money. That’s the heart of Burry warning.