Getbig PHD Economists, help explain something to me.

[Humble Narcissist]

I read an analyst review that said Tesla that is currently valued at $2100 a share is a $85 per share stock.  How Tesla who is worth twice as much as VW who sold 30 million cars last year compared to Tesla who sold 350k cars is insane.

Elon Musk is a master at getting government grants and loans.

[Mayday]

I read an analyst review that said Tesla that is currently valued at $2100 a share is a $85 per share stock.  How Tesla who is worth twice as much as VW who sold 30 million cars last year compared to Tesla who sold 350k cars is insane.

Tesla is extremely important though. Musk is important.

A large chunk of the QE is flowing into the big name shares.

If they pump a trillion in it has to go somewhere regardless of a company's performance.

[loco]

[Mr Anabolic]

So, you're saying these ridiculously overprices stocks will never come back down, or what?

Irrational stock prices and market bubbles can last a while.  Could pop next week or several years from now.  Look at the charts of the top 10 nasdaq stocks... most are parabolic and look like the blipcoin chart from 2017.  You know what happened after that.  It's inevitable. 

Nasdaq monthly chart... detaching from reality.
https://www.finviz.com/futures_charts.ashx?t=NQ&p=m1

[loco]

So, you're saying these ridiculously overprices stocks will never come back down, or what?

Irrational stock prices and market bubbles can last a while.  Could pop next week or several years from now.  Look at the charts of the top 10 nasdaq stocks... most are parabolic and look like the blipcoin chart from 2017.  You know what happened after that.  It's inevitable. 

Nasdaq monthly chart... detaching from reality.
https://www.finviz.com/futures_charts.ashx?t=NQ&p=m1

Everyone already knows that bubbles happen, and that bubbles burst.  Everyone knows the stock markets, bond markets, housing markets, currencies, etc. go up and down,  sometimes crash, and then recover and rally.  People know this and take advantage of it to grow wealth over time. 

But that's not what you are talking about, is it?  Aren't you predicting some kind of financial, apocalyptic event after which silver, gold, ammunition and canned tuna will be the only valid currencies?

[IroNat]

Everyone already knows that bubbles happen, and that bubbles burst.  Everyone knows the stock markets, bond markets, housing markets, currencies, etc. go up and down,  sometimes crash, and then recover and rally.  People know this and take advantage of it to grow wealth over time. 

But that's not what you are talking about, is it?  Aren't you predicting some kind of financial, apocalyptic event after which silver, gold, ammunition and canned tuna will be the only valid currencies?

You left out toilet paper.

[IroNat]

Peter Lynch, the legendary Wall Street investor and former Fidelity manager, said:

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”

[Mr Anabolic]

But that's not what you are talking about, is it?  Aren't you predicting some kind of financial, apocalyptic event after which silver, gold, ammunition and canned tuna will be the only valid currencies?

Why, does this make you uncomfortable?   Good, it should.

[Mr Anabolic]

Peter Lynch, the legendary Wall Street investor and former Fidelity manager, said:

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”

Works both ways.  I made a ton of $ shorting the market in March.   I guess the markets ONLY go up - lol

Having insurance is a good thing... I'm sure Mr LEGENDARY Lynch would agree with that.

[Mr Anabolic]

Everyone already knows that bubbles happen, and that bubbles burst.  Everyone knows the stock markets, bond markets, housing markets, currencies, etc. go up and down,  sometimes crash, and then recover and rally.  People know this and take advantage of it to grow wealth over time. 

And some get wiped out and never recover. 

[loco]

Why, does this make you uncomfortable?   Good, it should.

No, but I see I am correct about what you are predicting.

[loco]

And some get wiped out and never recover.

Nope, not those who are in it long term, those who spend "time in" the market instead of "timing" the market.

[Mr Anabolic]

Nope, not those who are in it long term, those who spend "time in" the market instead of "timing" the market.

lol   Tell that the retires who owned a 401k or IRA in 2008 - ouch

[loco]

lol   Tell that the retires who owned a 401k or IRA in 2008 - ouch

Tell me.  What happened to them, and why?

[Mr Anabolic]

No, but I see I am correct about what you are predicting.

It's happening already.  Blind bull.   

[Mr Anabolic]

Tell me.  What happened to them, and why?

Huh?  So, you don't know?

[loco]

It's happening already.  Blind bull.

Really? You must live in some alternate universe.

I know, I know.  You're one of them preppers who have been predicting this apocalyptic event for decades.  Nothing I haven't heard before.

Not judging.  To each their own.  Good luck with that.

[loco]

Huh?  So, you don't know?

You just equated a bubble with some apocalyptic event.  So no, I don't know your angle on what happened to all retirees who had a 401k or IRA in 2008.

[Mr Anabolic]

Really? You must live in some alternate universe.

I know, I know.  You're one of them preppers who have been predicting this apocalyptic event for decades.  Nothing I haven't heard before.

Not judging.  To each their own.  Good luck with that.

Not judging? - lol

You are ridiculous... from what you post here... totally out of touch with just about everything.

[Mr Anabolic]

You just equated a bubble with some apocalyptic event.  So no, I don't know your angle on what happened to all retirees who had a 401k or IRA in 2008.

See what I mean... totally out of touch. 

[loco]

Not judging? - lol

You are ridiculous... from what you post here... totally out of touch with just about everything.

See what I mean... totally out of touch.

Great come back.  Congratulations!

[Mr Anabolic]

Great come back.  Congratulations!

You don't need some creative come back when dealing with an idiot.

I'm not judging, but good luck.   lol 

[loco]

You don't need some creative come back when dealing with an idiot.

I'm not judging, but good luck.   lol

As usual, you resort to insults and name calling.  Well done.

[SOMEPARTS]

Timing is everything and the boiling frog principle applies. Also, the saying something along the lines of "they can keep the game going longer than you can remain solvent" comes to mind.

In other news the NAR says last month there were record contracts in place for housing purchases. Note that's not closings but offers... Where I am there is no inventory at all outside the city. I sold one in 3 days when all this Covid stuff started, which was a surprise. Tons of new builds going up, any lot that can be bought is being built on...about 30 miles away from center a major metro. I wonder how much retirement money is flowing into these purchases.

[Mr Anabolic]

As usual, you resort to insults and name calling.  Well done.

Your questions are completely rhetorical... that's why.  You are also brain locked.  I cannot help you.