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by jjav 963 days ago
> Other than 2008, you mean?

To state the obvious, 2008 was 15 years ago. So someone who was a senior in high school at 18 in 2008, is over 30 today.

So it is true that there's a generation that includes everyone in their 20s and those in their early 30s that have never experienced a significant market crash.

1 comments

This is a pretty myopic definition of “experienced.” I was in middle and high school through the GFC, and watched my friends and family lose their jobs and worry about their livelihoods.
The topic is stock market investment expectations which is not the same. The market can be going up even as unemployment rages.

The vast majority of middle schoolers were not trading stocks in 2008.

To have experienced one downturn, a trader must've been trading back in 2007/early 2008. It is safe to say most traders in their 20s today were not active traders back in 2007. I'm sure exceptions exist.