The World Motivation
People think rationally that the world really is more risky. Imagine in 2008 that investors thought there was a 10% chance we'd have a depression. That would partly justify the drop in prices.
“People think rationally that the world really is more risky. Imagine in 2008 that investors thought there was a 10% chance we'd have a depression. That would partly justify the drop in prices.”
People think rationally that the world really is more risky. Imagine in 2008 that investors thought there was a 10% chance we'd have a depression. That would partly justify the drop in prices.
In an efficient market, at any point in time, the actual price of a security will be a good estimate of its intrinsic value.
I buy the market through index funds. Since I'm getting older, I buy TIPS.
Market timing doesn't work. If all the bubbles and all this mispricing really exist, how come so few people see it before it turns out that way?
After 2008, my brand of finance got a bad rap.
I never thought getting older would be so great. But when it comes to depression, I have experienced less the older I've gotten.
No matter where you are, depression responds to the same treatment.
I might look successful and happy being in front of you today, but I once suffered from severe depression and was in total despair.
A doctor prescribed testosterone for depression and it truly helped me.
This is what I am. I have periods of enormous self-destructive depression, where I go completely off my trolley and lose all sight of reality and reason.