No more crashes? That’s something you would hear just before the biggest crash in history. Don’t kid yourself. You’re right that the stock market is completely divorced from actual economic activity of the companies listed, though
Every time I say this shit I get this comment or one like it. Since 2014. I invite you to save this thread and come back and make me feel like a complete moron when it happens.
Edit: Anyone reading this: read the book - for chrissakes it’s more than 10 years old now. You might come back from it thinking the same thing its author thinks
I happen to have read that book at the time. It doesn’t say no more crashes. Has nothing to do with the overall trend in the stock market, even. “Stock market is rigged” he’s referring to a specific part when you place an order, it happens in milliseconds. That’s something else from valuations being inflated or no more crashes
No more crashes? That’s something you would hear just before the biggest crash in history. Don’t kid yourself. You’re right that the stock market is completely divorced from actual economic activity of the companies listed, though
Every time I say this shit I get this comment or one like it. Since 2014. I invite you to save this thread and come back and make me feel like a complete moron when it happens.
Edit: Anyone reading this: read the book - for chrissakes it’s more than 10 years old now. You might come back from it thinking the same thing its author thinks
I happen to have read that book at the time. It doesn’t say no more crashes. Has nothing to do with the overall trend in the stock market, even. “Stock market is rigged” he’s referring to a specific part when you place an order, it happens in milliseconds. That’s something else from valuations being inflated or no more crashes