otc
Stylish Dinosaur
- Joined
- Aug 15, 2008
- Messages
- 24,451
- Reaction score
- 19,026
Eh, I hear it’s hard out there for a pimp.
It is working out pretty well for Bezos, Zuck, and Musk.
We would like to welcome House of Huntington as an official Affiliate Vendor. Shop past season Drake's, Nigel Cabourn, Private White V.C. and other menswear luxury brands at exceptional prices below retail. Please visit the Houise of Huntington thread and welcome them to the forum.
STYLE. COMMUNITY. GREAT CLOTHING.
Bored of counting likes on social networks? At Styleforum, you’ll find rousing discussions that go beyond strings of emojis.
Click Here to join Styleforum's thousands of style enthusiasts today!
Styleforum is supported in part by commission earning affiliate links sitewide. Please support us by using them. You may learn more here.
Eh, I hear it’s hard out there for a pimp.
Monetization of TSLA's core strengths? So car sales? Also, I wonder what happened to that engineer, TSLA fanboy who used to come around here and the car thread. Ram...something.
I’m inclined to agree but thinking about where the market “should be” is obviously replete with traps. One of the fundamental problems with that way of thinking is that even if you impute some degree of rationality and efficiency to the market, the demand side is driven not by the underlying current value of the economy or the universe of equities but by the feelz of the investing public about what’s going to happen in the future.I’m not as drastic as @gnatty8, but I do think we’re a good 10-20% too high
I’m inclined to agree but thinking about where the market “should be” is obviously replete with traps. One of the fundamental problems with that way of thinking is that even if you impute some degree of rationality and efficiency to the market, the demand side is driven not by the underlying current value of the economy or the universe of equities but by the feelz of the investing public about what’s going to happen in the future.
That’s why people should stop trying to be rational on values of stock. It’s just the greater fool theory. Is there a bigger idiot than me willing to pay a higher price than I did? The answer is normally always yes.I’m inclined to agree but thinking about where the market “should be” is obviously replete with traps. One of the fundamental problems with that way of thinking is that even if you impute some degree of rationality and efficiency to the market, the demand side is driven not by the underlying current value of the economy or the universe of equities but by the feelz of the investing public about what’s going to happen in the future.
I’m not as drastic as @gnatty8, but I do think we’re a good 10-20% too high
All of libertopia’s territory has been purchased with the fruits of that wisdom.The Market is all knowing, all rational, and perfectly efficient. In libertopia, it is known
I'll dig out the research, but the problem with these timing things is you have to be really accurate.
If you predict like 75% accurately whether the market will go up or down next year, you still fail to beat the market over time.