| ▲ | compiler-guy 3 days ago | |
"The market can remain irrational longer than you can remain insolvent." --John Maynard Keynes Lots of people lost their shirts shorting the housing market prior to the 2008 crash. (_The Big Short_ highlights those who were successful, but plenty of people weren't.) But it was undoubtedly a bubble and there was a world-wide recession when it popped. | ||
| ▲ | sebastiennight 3 days ago | parent | next [-] | |
nitpick: longer than you can remain "*solvent", not "insolvent" | ||
| ▲ | rvz 3 days ago | parent | prev | next [-] | |
Maybe we will get another one soon if we don’t realize quick enough that the promise of AGI is a complete scam. | ||
| ▲ | jstummbillig 2 days ago | parent | prev [-] | |
If someone claims to be certain of the future with much more clarity than the rest of us, yet is unable to find ANY way to turn that advantage into leverage, I certainly would not trust the person on that issue. | ||