Key insights
- The author expresses strong bearish sentiment towards current market conditions, particularly in hyped technology sectors like AI, robotics, and quantum computing. They perceive a significant wealth discrepancy driven by inflation and corruption, leading to a 'financial takeover' orchestrated by market makers. Despite personal mixed investment results, the author believes retail investors are consistently late to react to behind-the-scenes wealth accumulation, often through questionable means. The author also criticizes the goals and leadership of many large companies, including the 'Mag 7', for not considering the future of the middle and lower classes.
Thoughts on the stock market
I could not be more against the companies that I am investing in, however it feels like such a no brainer to be investing in this type of takeover. I am mostly talking about all of the classic hype sectors : AI, Space, Robotics, Quantum, etc… I feel as if we are witnessing such an insane display of inflation (wealth discrepancy) and disgusting corruption that is leaving so many individuals, investing or not, feeling hopeless and frustrated.
The whole gambling side of things is where it really takes a toll especially on people like myself who are constantly tracking the markets and trying to be set up for success. MMs are leeches and are trying to take every last penny from you, and it all feeds in to just an overall financial takeover that we’re witnessing in real time.
I have done mediocrely over the last 10 years, some good picks, lots of bad ones, selling to early, perfectly timing things, and not selling at all. But one thing that always reigns true is how late we are to react to everything. Money is being made hand over fist behind the scenes, most of it borderline illegally, and we’re left with the scraps to try and make sense of.
I also hate (outside of space, space is fucking cool) most of the CEO’s, and goals of a majority of these companies (mag 7 etc), it seems like not a single one is actually calculating the scary future that is being built for the middle and lower class.
Let me know what you think.