@ Henkipatto
2025-03-09 07:13:10
The markets are returning to normal? Everything was priced for perfection. The S&P 500 gaining over 30% for two consecutive years is not normal. Maybe we go back to a normal return of 4-8% per year? But really, what even is "normal" nowadays?
Passive investing is a huge problem, but that's a rant for another day. It's certainly not normal.
The past 5-6 years have nothing to do with real investing. It has become gambling and peak idiocy. Do I seriously think I'm smarter and can pick the right stocks? Does contrarian investing always work? Why has it worked lately?
People have become slaves to algorithms, completely losing the ability to think objectively. Just a massive idiotic blob bulldozing through logic.
Even very successful people have pitched meme stocks to me - stocks already up 300-500%, without real businesses behind them. What's the upside? Seriously, what's the point? If insiders are selling, the stock has soared hundreds of percent, isn't profitable, and your info comes from Reddit or X - stop and ask yourself, are you an idiot?
The market has been about predicting where this mindless blob moves next. Sorry, I missed the train that "Rearming Europe" would become the hot narrative, making European defense stocks the next "big thing." Or German cement business. This is exorbitant. I've said it for years: the market is turning into a cryptocasino. To succeed, you have to obsessively live and breathe the next trending narrative - it requires zero skill, just madness.
Politics mirror the market’s idiocy. Mention Trump here in Finland, and people lose their minds, incapable of rational discussion or seeing the bigger picture. I've lost friendships just by suggesting peace negotiations. Finnish media pushes a singular narrative through the same old fear-mongering analysts, conveniently now riding the EU gravy train to Brussels. How ironic.
### Europe
Now the narrative is shifting to Europe. Europe is great! Or is it? Finnish politicians who once opposed collective EU debt now love it because "Russia." They're even ready to seize Russian assets.
Increasing defense spending might make sense, but funding it with debt? Even Germany, the last bastion of economic sense, is piling on debt, with Poland and the rest close behind. Hard work and tough decisions are too much effort - take on more debt!
Euro stocks might rise, but why own them? Europe lacks essential resources like raw materials, energy, oil - and frankly, competent leadership. Money won't fix structural problems.
**In Finland, purchasing power has regressed 15-20 years. Are you ready for another hit?**
Europe is slowly becoming more like Russia: bureaucratic, corrupt, and convinced that more central planning will magically solve everything. Good luck with that.
**Maybe it's time we think less about ourselves and more about building something better for our kids. Otherwise, what are we even doing**?The markets are returning to normal? Everything was priced for perfection. The S&P 500 gaining over 30% for two consecutive years is not normal. Maybe we go back to a normal return of 4-8% per year? But really, what even is "normal" nowadays?
Passive investing is a huge problem, but that's a rant for another day. It's certainly not normal.
The past 5-6 years have nothing to do with real investing. It has become gambling and peak idiocy. Do I seriously think I'm smarter and can pick the right stocks? Does contrarian investing always work? Why has it worked lately?
People have become slaves to algorithms, completely losing the ability to think objectively. Just a massive idiotic blob bulldozing through logic.
Even very successful people have pitched meme stocks to me - stocks already up 300-500%, without real businesses behind them. What's the upside? Seriously, what's the point? If insiders are selling, the stock has soared hundreds of percent, isn't profitable, and your info comes from Reddit or X - stop and ask yourself, are you an idiot?
The market has been about predicting where this mindless blob moves next. Sorry, I missed the train that "Rearming Europe" would become the hot narrative, making European defense stocks the next "big thing." Or German cement business. This is exorbitant. I've said it for years: the market is turning into a cryptocasino. To succeed, you have to obsessively live and breathe the next trending narrative - it requires zero skill, just madness.
Politics mirror the market’s idiocy. Mention Trump here in Finland, and people lose their minds, incapable of rational discussion or seeing the bigger picture. I've lost friendships just by suggesting peace negotiations. Finnish media pushes a singular narrative through the same old fear-mongering analysts, conveniently now riding the EU gravy train to Brussels. How ironic.
Europe Now the narrative is shifting to Europe. Europe is great! Or is it? Finnish politicians who once opposed collective EU debt now love it because "Russia." They're even ready to seize Russian assets.
Increasing defense spending might make sense, but funding it with debt? Even Germany, the last bastion of economic sense, is piling on debt, with Poland and the rest close behind. Hard work and tough decisions are too much effort - take on more debt!
Euro stocks might rise, but why own them? Europe lacks essential resources like raw materials, energy, oil - and frankly, competent leadership. Money won't fix structural problems.
In Finland, purchasing power has regressed 15-20 years. Are you ready for another hit?
Europe is slowly becoming more like Russia: bureaucratic, corrupt, and convinced that more central planning will magically solve everything. Good luck with that.
Maybe it's time we think less about ourselves and more about building something better for our kids. Otherwise, what are we even doing?
<img src="https://blossom.primal.net/c6655d921895751724e092c531b263e2e565fe6331c9b49bb635d4ad81539d77.png">