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When retail is predicting a pop it’s time to buy.

• malfist 8mo ago
  When my friend told me not to put my hand in the fire, I knew it was time to stick it in and not pull it out, no matter what it cost me.
  • infecto 8mo ago
    Not sure what your story has to do with the discussion at hand. On average people do not beat the market, the market can be irrational longer than you are solvent but also most people probably have not done any modeling and so these are really feelings and not real economic bets.
    • malfist 8mo ago
      Your statement was deciding to do something based solely on the fact that someone else advised them not to do that. So I presented the same scenario with the same logical process. It isn't valid. It's being a contrarian, and not the outgrowth of some logical process.
      • infecto 8mo ago
        No my statement was the usual joke that it’s always best to do the opposite of the herd. Once everyone is buying beanie babies the market is probably getting saturated. With all these bubble comments on HN I think it’s very much the same. Is there a bubble? Probably. Is it going to pop, probably not.