Remix.run Logo
yomismoaqui a day ago

If you predict a crash every month and it happens after 2 years... can we call you a visionary?

matwood 2 hours ago | parent | next [-]

Timing is obviously always the issue. When Greenspan talked about irrational exuberance '96 in regards to the .com bubble, the Nasdaq proceeded to go up almost another 4x in price and it didn't crash for 3 more years.

pinkmuffinere 11 hours ago | parent | prev | next [-]

I know the question is tongue-in-cheek, but I think it’s a fascinating question, so I’ll take it seriously. If you predict the crash and it happens two years later, i think you basically cannot profit off that guess, so I’d say no. Although i haven’t provided data for the two-year claim, there certainly exists some period N for which the prediction no longer pays off, given a fixed drop. But if you can predict it 6 months in advance, you probably could profit! I think a certain amount of annoying repetition is fine for profitability.

mrbombastic 19 hours ago | parent | prev | next [-]

Yes and thank you in advance

cbdevidal 13 hours ago | parent [-]

ZeroHedge has correctly predicted two hundred of the last two recessions ;-)

slfreference 12 hours ago | parent [-]

ZeroHedge can stay irrational far longer than you can stay sane.

diogenescynic 9 hours ago | parent | prev [-]

There's a real estate YouTube channel that's been calling for a real estate downturn for like 8 years (pre-Pandemic). Eventually they'll be right.