If someone who is as unpopular as Elon the cringelord Musk can convince the markets that Tesla is worth its current stock price, I doubt the AI bubble will burst.
I cracked. Had never seen that used before, yet so obvious now in retrospect. Pure poetry.
Ah with a decade or two time horizon it shouldn’t matter how hard it crashes if Zitron & Doctorow are proven right… rightttt!
But if investors hadn't been taking profits on the incline, then I have little sympathy for them skiing down the decline.
(This is a harsh opinion, but people getting into investing should be doing it actively, not passively, ie. do some research, make a plan. Also, for those who are invested passively, long term, via ETFs, then they're still up 55% as @Nition says, so they're all good)
Had they passively invested in indexes over a long time they would be up still.