I firmly believe ever since 2008 and movies like Big short, Margin Call, Wolf of Wall Streets, or the rise of YouTube guru etc…
Has made many people become permanently bearish with skeptical mindset on the stock markets / finance/ economy at every slight chance they get.
Many still keep trying though.
https://i.redd.it/gz3iomq53yvf1.jpeg
Posted by SadOnion2110
17 Comments
I heard if you say Michael Burry into a mirror three times in the dark the bubble will pop.
the bubble bubble….
An entire generation caused a financial crisis and then spent the next two decades removing regulations and filling information channels with garbage so they could bring back feudalism.
If they didn’t want people to emulate Michael Burry they shouldn’t have gotten Christian Bale to play him.
I thought they learned this lesson with American Psycho.
No they called a bunch of things a short squeeze in there too
My brother still does this, even Atrioc does this (but with at least some things to back up) But lets be honest just like Everything money who shorted NVDA at $400 cause “its overvalued cause Ai”. The market can reain unrational longer than you can remain rational.
Mother of all bubbles
The 2008 financial crisis revealed how moral hazard eventually manifests in an unsustainable bubble that crashes.
Nobody involved faced any consequences.
Not much has fundamentally changed since then to prevent future such bubbles where rampant abuse of leverage and inappropriate risk management may result in another financial crisis.
Talk to you in January when the shit hits the fan.
If a lot of these tech companies are spending as much as they’re saying, and OpenAi is losing money as much as they’re saying. It’s a bubble
If everyone’s saying it’s a bubble, it’s not a bubble.
Remind me in 4 months
That might be true but it’s 100% accurate with AI right now.
You’ve literally got AI. Companies investing in NVidia and nvidia investing back in these companies and it’s just a whole giant circular mess of money going on a circle with no value being generated
I dunno about that but when tech companies are enroning their shit it starts to make me think about selling
Cool? Nope. I thought he was on the spectrum and annoying
That movie helped me develop an indicator of a bubble. When strippers are giving you investment advice, it’s time to get out. Now, someone has to keep an eye on that indicator, and I have volunteered to monitor the strippers. I’ll let you know if any of them are buying Nvidia shares on margin
The next decade? Two decades almost