> The literal point of the article is that too many people dollar cost averaging is why we have a bubble
Yes, I know. I've been hearing Burry make rumblings on this since 2019.
But if Burry is wrong and there is no bubble (with no eventual popping), then by sitting on the sidelines waiting for the (never-to-come pop) you're costing yourself returns:
Yes, I know. I've been hearing Burry make rumblings on this since 2019.
But if Burry is wrong and there is no bubble (with no eventual popping), then by sitting on the sidelines waiting for the (never-to-come pop) you're costing yourself returns:
* https://ofdollarsanddata.com/the-cost-of-waiting/
* https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-co...
And even if there is a bubble, investing and staying invested, will also generally work out fine over the long term:
* https://awealthofcommonsense.com/2014/02/worlds-worst-market...