Whatever happened to intrinsically valuing what you were investing in and coming up with a solid forecast of earnings? Whatever happened to looking at stocks as pieces of businesses and buying them because you liked the cashflow, not because the chart looked optimistic. Whatever happened to sanity and common sense?
This new retail craze is why the market is so volatile. You all disappoint me.
Nigger culture unironically
That seems to be what this forum is.
It's just "GET IN ON THIS NEW COIN ITS GOING TO THE MOOOON"
There is unironically no relevant pricesignals anymore due to moneyprinting, inflation and a 14 year stock boom.
And instead of millennials buying the top of the boomer market they resorted to giving the entire financial system and the boomers a gigantic middle fuck you finger and started gambling on magic internet money. It's absolutely glorious. God I hate the elite and the boomers who elected them.
Sorry, old man: the world is now a shitcoin speculative casino. Deal with it and go cry over your yellowed 10Ks
none of that shit works. it's never been possible to beat the market. might as well gamble on shitcoins like a nigger playing dice or whatever.
Nigger culture perpetuated by jewish globohomo mega master overlords with god-complexes and their ultra-shabbos goyim***
The niggers are a proxy by which Jews use to pronounce this type of behavior in society via peer pressure. This is how it is perpetuated as the parents are hardly involved these days... So it can easily thrive.
Dumb thot bitches who become single moms are also what help propel this behavior.
This is incredibly false, all those EMH were done on large market players that could not buy undervalued securities without making them overvalued.
Inflation and money printing are why value investing is so much MORE important and why it will work so much more.
>And instead of millennials buying the top of the boomer market they resorted to giving the entire financial system and the boomers a gigantic middle fuck you finger and started gambling on magic internet money. It's absolutely glorious. God I hate the elite and the boomers who elected them.
>buying the top
Valued companies like FaceBook (Meta) have literally never been cheaper.
Complicated question.
1st, you have the people who are high IQ and have control of their emotions. They are earners. Some of them intentionally brag or accidently brag. But the result is the same, the people who made or are making it are the only ones posting about it. Gives the false impression that everyone but (you) is making it.
2nd. Homelessness is bad. Many people posting on this board right now are homeless. You can spot them, they are the desperate ones chasing long shot pumps. Its not just gambling addiction, its the first group giving them the impression its easy. Then they try to turn their 50 bottlecaps in to millions and it doesnt work. So they get more desperate. They are not smart to start with, which is why they are homeless but they far outnumber the high IQs that did make it.
Companies stopped paying dividends. Companies got too large to be acquired. Majority ownership in major companies are held by major firms that form voting blocs, meaning there isn't any true voting power in the shares held by individuals. Should a merger or acquisition occur the necessary shares would be bought from the institutions first.
All these things combined mean that the net present value (adjusted sum of future returns) is 0. These shares have become glorified crypto tokens with no actual financial utility.
This board is for gambling on ponzi schemes, not investing or business.
Did you go to sleep in December of 1999. and wake up today?
You heard of clown world?
>why the market is so volatile
Because a bunch of jew with his apes leading your country and economy. See
Volatility is a trader's best friend. If you don't like it stick to your government bonds, grandpa
Short Meta, it's ogre for the Cuckberg
Also - since you're such a "value"-investor larper, how come we're not
even back to pre pandemic value levels on any indexes.
Just take any index and divide it by the amount of money in circulation.
ANY, IN ANY CURRENCY, GLOBALLY
The world peaked back in 2000, and we're currently faltering lifesupport.
But you'd know that if you had the fucking brains to open your eyes and
see the world for what it truly is and what is actually happening.
We all did that for ten years straight and have a couple hundred thousand to show for it. That's it. Not millions. Still living the same way as we did in college. Nothing gained.
>Just take any index and divide it by the amount of money in circulation.
Because interest rates are lower now so even given the same money supply, valuations can still be higher. The only real risk in this regard is interest rate risk but that's temporary, and can be hedged against by buying insurance companies and banks.
>ponzi schemes
Sure thing.
So you got rich and still think it doesn't work?
It takes 2 years for the money to circulate through the system.
The people who get access to the money first and spends it benefit from it - eg the banks and investment firms who can lend straight from or close to the source. The rest of us goyem are fucked in the ass first with inflation then with deflation or even worse, stagflation.
So I'm sorry - I hedge the end of the world with gold and I "Invest" in bitcoin and ultra beta plays on bitcoin.
Only difference between the stockmarket and crypto is that some stocks pay dividends on good years. The rest is the same. And I rather ride this rollercoaster of destruction to the bitter end than giving one cent to the cocksuckers who created the mess we currently find ourselves in.
>The people who get access to the money first and spends it benefit from it - eg the banks and investment firms who can lend straight from or close to the source. The rest of us goyem are fucked in the ass first with inflation then with deflation or even worse, stagflation.
Not if you own stock in those banks and tech companies that get the money, and if you're in debt, like I am (borrowed money to invest in banks), you benefit even more so, because inflation erodes the value of your debt.
Central bank intervention, the popularity of ETFs causing a "rising tide that lifts all boats", the internet causing rapid dissemination of information such that retail can get information almost on the level of institutions, 401k plans, 0 cost trading etc etc have killed value investing. I can go on and on. The only way it comes back is if there is a massive blow up in the stock market with ETFs exarcerbating the downturn and central banks not coming in with their qe. How likely is that? Not impossble but not likely
>Central bank intervention,
That's good for value investors, it raises the value of companies as the money supply expands
>the internet causing rapid dissemination of information such that retail can get information almost on the level of institutions, 401k plans, 0 cost trading etc etc have killed value investing
No they haven't. Retail investors help value investors by making it a volatile rollercoaster with retail pumping overvalued stocks and shorting undervalued ones. Retail investors have been the best thing for the market.
Oh and i didnt even add in the current insane levels of stock buy backs by the major corporations. This is only possible due to the current low interest rates climate where the big fishes get access to almost unlimited capital while the smaller companies get fked upside just trying to get a business loan
Stock buybacks are a good thing, they boost the earnings for the remaining shares. Part of the reason I'm buying META right now is their share buyback program.
>Just take any index and divide it by the amount of money in circulation.
Most of M2 isn't in circulation. Money supply that doesn't raise nominal GDP is irrelevant as far as inflation is concerned.
True, if you can lock in the rate before they raise rates, sure.
A - They'll raise rates until they break something, hopefully not the debt bubble because then it's game over.
Quantitative Easing and will stress the markets. Quantitative Tightening will crash the markets, there's just no way around that.
or
B - They'll continue to print and blaming it on something as retarded as a new pandemic or maybe a proxy war with Russia or a new boogieman. Boogieman would be Russia/China forcing everyone to print more money for an arms-race.
This will also lead to our inevitable doom.
C - The market crash, the boomers become poor and need to tighten spending creating an entire generation of disgruntled octogenarians spoonfed with daily propaganda. This is the best outcome, still very sad. I am currently making sure my mother and father will survive what surely will come.
QT will cause a minor crash but you won't lose all your wealth, and there's ways to hedge against that, like as I said, buying insurance companies.
>new companies quit paying dividends
>market value completely untethers from revenue
>wtf why don't new investors care about cash flow you can't just ride market sentiment
>market value completely untethers from revenue
This is totally false.
Even if YOU hedge, the vast vast majority will not. That will lead to a much less wealth effect thus slowing down growth and causing a downturn or even a recession. That again will put more pressure on useless things like stocks and crypto - unless you account for game theory, in which case, crypto, especially btc, will come out on top.
Ok, fine
>market value mostly untethers from revenue
>market value completely untethers from revenue
Check the Buffett Indicator - and tell me these valuations are not untethered from reality...
Quantitative Easing happened in 2008 thats why. How the hell fo you value invest in an inflationary economy
Because
>Housing market blew up in over speculation in 2008
>Instead of letting it crash they pumped it
>Government cannot function without the housing market monopoly
>The market is in favor of large caps so why bother with small caps when you can get rugged very easily
>Large caps don't push high enough to be rewarding to the pleb, you get peanuts while hedge fund insiders skim millions on a crab market
>You cant and shouldn't play with shorts/longs, exchanges are centralized and will play you like a fiddle, so why trade?
The political establishment class has such a fragile ego they get angered by arthur Hayes and some nerds that played ball in a real market in bitcoins early days cause it reveals how much a load of shit the financial framework of America is.
I couldn't agree more