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by thebrowncat 1756 days ago
I was banking on it happening in the next year or so. If it’s not going to happen until 5 or 10 years then it seems like not joining in with the fools now and investing in FAANG stock / bitcoin means you’ll miss out on massive gains in the interim...
1 comments

It is difficult to go wrong if you invest in businesses that are providing real value to people and trade at attractive valuations. It is unlikely to make you wealthy, but it is unlikely to make you poor either.

The problem with 'joining in with the fools' is that it relies on the 'greater fool theory' to make superior returns. And you could well end up being the 'greater fool'.