There is NO MORE RISK in the stock market...!

,,Essentially, there's no more risk left, because Wallstreet has sliced & diced portfolios so well, that it's gone"

Howard Marks about the titles in media, prior the events of 2008.


 
Or the dot.com bubble. One of those book titles (Dow 36,000) just came true. Unfortunately for the authors, they wrote it in 1999 and expected it to happen by 2004 at the latest.
(Laughs)

Either someone got paid to write it or it's a wishful thinking.

***********************************************

You know those little prop firms that got busted after dot.com & never made a comeback. Like one of a use to be ,,traders" in there said :

,,We tried to make profits, but nobody knew how the market works anymore"

Reminds of crypto experts fate.
 
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(Laughs)

Either someone got paid to write it or it's a wishful thinking.

***********************************************

You know those little prop firms that got busted after dot.com & never made a comeback. Like one of a use to be ,,traders" in there said :

,,We tried to make profits, but nobody knew how the market works anymore"

Reminds of crypto experts fate.
Lol...
Nobert, I gotta re-post this one, because like I said in it... I'll never forget that moment in time:

I'll never forget this....
I was on a flight to Asia somewhere around 2000.... we were droning on through the middle of the night and the FA engaged me and the conversation turned to stocks. Go figure. She told me her husband and her were on track to be multi-millionaires within a year or two. I told her to be careful buying all these high flyers with no earnings because there's a certain universal financial physics out there and this wouldn't last. She flat out told me... and I quote.... "you just don't understand how the stock markets work".

I smiled, (rolled my eyes), grabbed my cheap ass blanket and their bs pillow... and settled in for a nap.
I'll never forget it.
 
I remember playing musical chairs years ago. Like many people are playing in the markets today. When will the music stop; and who will be left without a chair.
 
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