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Retail investor: My coworker says the market is a bubble & he's been in cash for 3 years waiting for it to pop.


Me: How's that working for him?
Retail investor: Honestly he seems stressed every time we talk about it.
Me: Look at that chart. Find every moment somebody called a bubble. 2013, 2015, 2018, 2021, 2023. 2025. All of them.
Retail investor: They're all way below where it is now.
Me: & every one of those people felt smart for a few months & wrong ever since...
Retail investor: So bubbles aren't real?
Me: They're real. In 2000 the nasdaq $Q was down 75%, 13 years to break even. That was a real bubble. PE ratio was over 100. None of the arrows on this chart are anywhere near that valuation level...
Retail investor: So what do you do instead?
Me: Never overpay, only buy elite companies, keep ratios that survive a 50%+ drop, be more conservative when market is more expensive, be more aggressive when market is cheaper. Keep it simple, be patient, & Zoom out.
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GateUser-a68cf9af
2 hours ago
First Review
Buy to Earn 💎
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