Nobody exits first. They all exit simultaneously.
Let that sink in. (Insert Musk meme here)
I’m seeing a lot of peak euphoria sentiment across boards. The meteoric rise of semi’s and memory tickers is quite amazing. Just looking at a 1yr chart looks like something to be reckoned with.
The widespread acknowledgment that it’s a bubble without corresponding action is itself the confirmation signal imop. In 1999 people debated whether it was a bubble. In 2006 they debated housing fundamentals.
Right now people are openly calling it a bubble and buying anyway.
Everyone always neglects the ones who call the signals. Burry is once again writing it “feels like a bubble” and he isn’t wrong. It’s just easy to call him wrong because his contrarian ways can often be neglected. Berkshire’s massive cash pile can be looked down upon, saying “Think of how much they could have made if they just would have put it into INTC?” WOW, did they miss out?
It’s always, “yeah it’s a bubble, but we’ve got time. It won’t burst for a year or two.”
Stability breeds complacency breeds risk-taking breeds instability.
The “it won’t crash yet” sentiment is my own indicator.
What is yours?
Are you buying into the highs?
Or are you doing something different than the crowd and not jumping on the same wagon?
We seem to be in peak “Bandwagon Effect”
byu/-Unclean- inStockMarket
Posted by -Unclean-
11 Comments
>Burry is once again writing it “feels like a bubble” and he isn’t wrong.
Do you know how many times he or other experts said that we’re in a bubble and recession is coming. Compare to how many recessions happened in the last years.
> Burry has made approximately 10 to 12 major public warnings of a crash or recession. Of those, he was strikingly correct about 2 generational collapses, while the others were either significantly early or incorrect.
Dot Com bubble had huge expectations and almost no revenue coming in. The revenue from AI was shown on Google’s last earnings report already.
It won’t pop until Capex stops flowing.
But you’re free and welcome to buy puts to test your thesis any time.
The books are cooked
It’s obvious that this is a bubble and many companies will collapse when it bursts. However, the survivors will take over the entire market. Right now, we’re just trying to pick the winning horse. Look at the dot-com bubble: after it popped, the internet didn’t go anywhere, and the leading companies became global giants.
Ignore the crowd and act on confident and rational information. Stampedes off cliffs are better to witness than participate in.
“You’re all insane, the sky will rain fire and all of you will die. Just watch!”- Doomer with his thumb in his ass waiting for a cheap re-entry
You guys need to understand mass selloffs dont just happen one day, especially in an environment where the fed have repeatedly stepped in to save everyone. There needs to be events, tumultuous events, huge bankruptcies, massive inflation etc, then it will dump. It wont happen because “it’s a bubble”. When it does collapse we will all wish it hadn’t.
Its nothing like the dotcom bubble. Millions of dollars was invested in companies making no money.
And while that is happening with some of the more speculative plays(IREN, ASTS, AXTI), the majority of the AI build out companies are making money.
And im not sure why you use Burry as your expert considering hes the only one saying it. But he cries wolf every 6 months since 2003. So, of course hes been right once
Of course im buying! Every payday the same dollar amount gets bought in my 401.
I’ve noticed that the AI bot posts usually end with a question. They’re trying to get engagement from us.
This current bubble is so different though. It’s based on a few companies but they are still recording record revenue and profits. So I’m not sure if this one would pop like the previous ones…
A shoe company merely made an announcement that they intend on pivoting to AI, pumps 600% intraday. If that isn’t some peak dotcom era fuckery then please correct me if I’m wrong.