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‘Only Incompetent, Not Totally Insane’
Earlier this month, Marko Kolanovic said the Trump administration's hopelessly mercurial approach to
I have no need or desire to trade this.
I’ll pretend the future will go well as an investor.
Hope, and denial, the open secret of human survival.
But I certainly will keep enjoying the humor of a gallow‘s variety that you so astutely relay.
H-Man, I can go with the woke crazies.
One please
That’s a great line from Perkins. Captures exactly what was going through my head while I was panic selling lol – that this dude might have actually gone insane
Approximately one-month ago I bought Apple stock at $169 a share (recall: Bad Apple?) Today I sold it at just over $210. While that is great for me short-term, I also now find the market virtually “un-investable.” Other than dollar-cost-averaging into a reasonably priced index fund (channeling Jack Bogle here), what options are we now left with? Overpriced gold? Shorting the New Taiwan Dollar? Long Tesla calls? $TRUMP and $MELANIA meme coins? Give me an f***ing break! What do P/E ratios even mean going forward anymore? No wonder Warren Buffett chose this time to retire!
We are learning what it’s like to have a market managed by a 3 year old on a birthday cake high.
And, to boot, our particular 3 year old is not toilet trained and likes to get into Mom’s make up.