Comment by sigmoid10
7 hours ago
Well, at least that is what they teach you in college when you learn about the efficient market hypothesis. In reality, investors are getting less rational every year. The modern stock market has become pretty much decoupled from reality.
"Everyone is crazy" is a well-measured stance that I can respect. /s
On a serious note, if you think that everyone else loses contact with reality, it's a signal to check and recheck your assumptions.