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Past bubbles I read about were recognized correctly for years before they popped. The pop was hard to predict, the bubble was routinelly recognized. These were
by watwut 3mo ago
Past bubbles I read about were recognized correctly for years before they popped. The pop was hard to predict, the bubble was routinelly recognized. These were not wrong prections, these were correct assesments of the situation. Bubble exists before it pops.
Markets being irrational is again, nothing controversial.
That is history. Your war predicting guy is a made up analogy. And he may just be correct about his assesment of the situation - war is being actively planned and prepared, actors want it and we are all waiting till Trump or Hitler or whoever decides that "now".
- jsLavaGoat 3mo agoWith respect to Zitron, he has timed it as another commenter pointed out and his timing was incorrect.
- watwut 3mo agoYes. And he stopped making predictions after, which is literally "learning from the experience and maybe even studied a bit more". He openly talked about the fact he expected it to pop sooner on podcast. He is not giving investment advice, in any case.
- simianwords 3mo agoWhat advice is he giving? Basically nothing. You can’t keep saying bubble will pop and then retract. People catch on.