, 6 tweets, 2 min read Read on Twitter
Since everyone keeps talking about bubbles we must not be in a bubble. #contra
We're climbing a wall of worry from retail investors who somehow mistakenly believe the market has the ability to decline. #contra
A few other stupid takes I enjoy:
-since indexes grow at 7% forever it's never a bad time to invest!
-they aren't making any more land, land prices can't decline
When the market only goes up there is a stigma around selling, because only idiots and energy investors would ever need to sell something.

There is no shame in purchasing, holding for a while, then selling. Even if you miss gains after the sale.
If everyone is sitting on their hands making money from playing tennis and ignoring their stocks it creates complacency, and at some point attentiveness will be rewarded.

There are a lot of wolves in sheep's clothing levitating
The goal is to know what are wolves and what are sheep, and when complacency isn't rewarded anymore pick up the discarded sheep at good prices.

But if you're lulled into the mindset that those wolves are actually sheep it will be hard to pull off.
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