What were they thinking?
blackberry
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The life cycles of the world’s largest technology stocks are more predictable than you think.
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There are plenty of compelling investing stories right now, from cannabis to crypto to Reddit bets. But there’s a cold truth behind these fairytales.
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There’s a troubling trend gripping the market… and it’s disorienting investors.
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GameStop traders are already starting to blame others for their losses in the market. But the real lesson is staring back at them in the mirror.
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Many people, from inexperienced internet traders to politicians, claim that everything in American society is “rigged.” So if everything else is rigged, why not the stock market?
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Dumb and Dumber has come to Wall Street. Except the end of this version of the movie will be more predictable, less funny and a lot more expensive than a couple of movie tickets.
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I have been active in the stock market for over 35 years. And this is the craziest thing I’ve ever seen in the markets.
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Economic Trends
What “Creative Destruction” Can Teach You About Buy-and-Hold Investing
August 25, 2020Warren Buffett’s investing approach has always ignored this key insight from an Austrian economist… but you can take advantage of it.