← Back to context Comment by this_was_posted 17 hours ago "the market can stay irrational longer than you can remain solvent" 4 comments this_was_posted Reply howunfortunate 14 hours ago Whenever I see this, all I hear internally is "I'm not willing to put my money where my mouth is" sanderjd 13 hours ago A better interpretation is that there is a window within which you can make money on an unconventional view. You can't be too close to the market's conventional wisdom, but you can't be too far away from it either. fallingbananna 13 hours ago My mouth is at: I don't want to be exposed to anything related to Musk.My mind is at: Even though it's overvalued, it will likely keep climbing and won't crash.Where is the market at? howunfortunate 12 hours ago > Even though it's overvalued, it will likely keep climbing and won't crash.Then...it's not overvalued?Unless you mean "it will crash relative to inflation over 20 years, but not over 5 years" or something like that.
howunfortunate 14 hours ago Whenever I see this, all I hear internally is "I'm not willing to put my money where my mouth is" sanderjd 13 hours ago A better interpretation is that there is a window within which you can make money on an unconventional view. You can't be too close to the market's conventional wisdom, but you can't be too far away from it either. fallingbananna 13 hours ago My mouth is at: I don't want to be exposed to anything related to Musk.My mind is at: Even though it's overvalued, it will likely keep climbing and won't crash.Where is the market at? howunfortunate 12 hours ago > Even though it's overvalued, it will likely keep climbing and won't crash.Then...it's not overvalued?Unless you mean "it will crash relative to inflation over 20 years, but not over 5 years" or something like that.
sanderjd 13 hours ago A better interpretation is that there is a window within which you can make money on an unconventional view. You can't be too close to the market's conventional wisdom, but you can't be too far away from it either.
fallingbananna 13 hours ago My mouth is at: I don't want to be exposed to anything related to Musk.My mind is at: Even though it's overvalued, it will likely keep climbing and won't crash.Where is the market at? howunfortunate 12 hours ago > Even though it's overvalued, it will likely keep climbing and won't crash.Then...it's not overvalued?Unless you mean "it will crash relative to inflation over 20 years, but not over 5 years" or something like that.
howunfortunate 12 hours ago > Even though it's overvalued, it will likely keep climbing and won't crash.Then...it's not overvalued?Unless you mean "it will crash relative to inflation over 20 years, but not over 5 years" or something like that.
Whenever I see this, all I hear internally is "I'm not willing to put my money where my mouth is"
A better interpretation is that there is a window within which you can make money on an unconventional view. You can't be too close to the market's conventional wisdom, but you can't be too far away from it either.
My mouth is at: I don't want to be exposed to anything related to Musk.
My mind is at: Even though it's overvalued, it will likely keep climbing and won't crash.
Where is the market at?
> Even though it's overvalued, it will likely keep climbing and won't crash.
Then...it's not overvalued?
Unless you mean "it will crash relative to inflation over 20 years, but not over 5 years" or something like that.