You’ll awake like every other day Eager to look at your stocks. you’re addicted to fast money,but won’t admit it. You’d speculated about AI and it’s paid off. Markets open and you’re down 20percent in a day. You panic and convince yourself it’s just Market Manipulation. The next day it’s down again 15percent… this continues yes for years. Our dumbest will be left broken and hateful blaming everyone besides themselves when many advised Index’s, diversifying and reading financial reports. You’ll realize they weren’t stupid, you were just arrogant and naïve.
Charlie Munger” people were daily becoming Millionaires. I’ve seen this happen many times in my life. When the tide went out they were left Broke naked and exposed “
His thoughts on bubbles. R.I.P
another echo from the past is Warren Buffet. many today are using many of those same insults from the past. “he’s senile,“ ”is he dead yet? Who cares” “It’s not the same stock market as XYZ Phrases.”
it’s certain we’re in a bubble. NBIS,MU,SpaceX,Palantir,AMD. These fools believe there will be no bust after a boom. They think they’re special. Unfortunately for them they forgot the meaning of value.They Believe they‘re not going to be a part of history.
the Nasdaq fell 80percent from 2000-2002…
advice from the wisest investors in history
don’t short
don’t buy super speculative trash because some Oligarch told you it’s a good investment…
Buy what you actually know.
AI is similar to a JPEG, if you don’t believe this you have No Business investing in AI let alone making bets on unproven technology that some times leads to profitability.