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by mikeash
3966 days ago
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Even the S&P 500 could keep on going up a long way despite eventually being doomed to drop substantially. (I have no idea if it actually is, of course.) My point is just that seeing if someone is putting money behind their opinions about the long term isn't really telling, because "markets can remain irrational longer than you can remain solvent" and you may not know just how long term it'll be. |
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