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by jimbob45 2597 days ago
If I've learned anything about the stock market, it's that no one knows what it's going to do. The only good plan is to make sure that you're going to be able to stay afloat if the market tanks tomorrow.
1 comments

Lots of people know what it's going to do. Nobody knows when it's going to do it nor the magnitude, so the knowledge is basically useless.
That's functionally equivalent to not knowing what it's going to do.
'I wasn't wrong, I was just early'

'Thats the same thing Michael's

-The Big Short