stock market crash

[Zigenare]

I'm feeling the love.

Stop it. You'll go blind.

[scooterscot]

Keeping my back to the wall with you around.

[Paralytic]

You forgot the arrogant bit - he thinks because he did a course, and has had some profits in a growing market, that he knows everything. I too hope he learns and doesn't get too far behind the curve, but at the moment I fear his emotions are not letting him see the reality of his situation.

It reminds me of those who bought, renovated and sold houses during the housing boom, not realising that it was the market that made their profit, not the work they did, and they could have made much the same, without the additional work, by just holding on for a bit and flipping the property.

I guess we're all guilty of some level of optimism bias, but it seems to affect some more than others. Perhaps arrogance is the reason for that.

[AtW]

To be objective when cretins like Pooper start expressing views on stock market, tulipcoins etc then it's a sure sign of imminent crash.

[AtW]

btw - tags

[DealorNoDeal]

Are you Nick Leeson?

No, I only broke my bank account not an entire bank.

[Whorty]

It reminds me of those who bought, renovated and sold houses during the housing boom, not realising that it was the market that made their profit, not the work they did, and they could have made much the same, without the additional work, by just holding on for a bit and flipping the property.

I guess we're all guilty of some level of optimism bias, but it seems to affect some more than others. Perhaps arrogance is the reason for that.

You know what, as i was writing that I was thinking about those Sarah Beeny shows a few years ago ... we're all experts in a rising market I'm an expert in property, never lost money from a sale ... but then I bought my first place in 1995 and the market has gone with me ever since

[AtW]

All Eyes on China’s Unstoppable Stocks After $460 Billion Rally

https://www.bloomberg.com/news/artic...&sref=o1Dqf087

BOOMED!

[Whorty]

No, I only broke my bank account not an entire bank.

[d000hg]

I was amazed to see my S&S account is today worth about 10% MORE than it's peak just before all this stuff started.

Certainly not due to any action on my part, I haven't dared look!