/biz/ - Business & Finance

My absolute favorite thing about rallies isn't the money I make, it's seeing the seethe from guys like Mannarino and the perma-bobos on /biz/ and plebbit.
>perma-bobos can't understand the markets are forward looking
>perma-bobos can't understand that all economic news and forecasts are AGGRESIVELY priced in the NANOSECOND they come out
>perma-bobos can't understand that bear markets have rallies
>perma-bobos can't understand that markets often over-buy and over-sell, leading to correctional ups and downs all the time
And my personal favorite:
>perma-bobos honestly think they're smarter than the whales, hedge funds, insiders, and the black box AIs that drive the market

All they have to do is slurp the rallies, DCA, diversify into uncorellated assets, and rebalance with the trend like the rest of us to make marginal, long-term gains. But instead they leverage and trade on margin, only to get BTFO by (lmao) "black swan" events like pumps after the fed announces rate hikes, again and again, while crying about
>muh clown markets

I laugh at bobos. You are a unique intersection of hubris, naiveté, and paranoid delusion.