The market can stay irrational longer than you can stay solvent.

Michael Burry famously did quite well betting against that advice.

	▲	literalAardvark 3 days ago \| parent [-]
		Over 10 years he did even worse than Cathie Wood. He's ahead of Buffett but WB has massive AUM and MB should be running circles around him. So yeah... he had one movie worthy trade, but that doesn't make it a sound strategy.

It is like there is this online bot that scans for any mention of an asset being overpriced and then it automatically post this Keynes quote.