[adflux]

I think the coming of companies like this signals the end of the bull market, the bubble is close to bursting. Every milkman is trying to get rich on the stock market. It was like this in 99. It was like this in 08. And before the german mark fell.

"Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared … demoralization … crept over the common people … from watching their own precarious positions slip while others grew so conspicuously rich … Almost any kind of business could make money … The boom suspended the normal processes of natural selection … Speculation alone, while adding nothing to Germany’s wealth, became one of its largest activities … Everyone from the elevator operator up was playing the market."

Dying of Money: Lessons of the Great German and American Inflations

[smabie]

How are you positioned to take advantage of this? What's your portfolio like?

[hong_kong]

It's hard to take advantage even if things are frothy to be honest. The market can kick the can down the road for years longer than you expect, and melt up in the process - you could lose your shirt by shorting. The only concrete advice I'd have is to avoid the most speculative sections (e.g. meme stocks) and own businesses that can thrive even without constantly raising cash.

[adflux]

Have put options on a few tech stocks which have doubled in value in about three weeks

[smabie]

Nice! Definitely being long vol in the current market environment is a good call imo.