/biz/ - Business & Finance

>>51184614
I think a lot of boomers who traded back through the 60's are completely in awe of what is going on. look at buffet he's made less and lost more than he ever has in a good long while during the past 4 years and he knows this market is utterly fucked even munger has outright said it. Some boomers think there's this unspoken playbook the market has to uphold to they don't understand the market is no longer the same thing it was in the 60s 70s 80s 90s its a completely different beast and one devoid from all playbooks. smash and grab ideology rules for now until the big black swan finally kills this clownshow called America once and for all then we reset and do it right next time.

>>50311221
There's 2 very important time lines. The first is BEFORE the fed stepped in. That recovery took 25 years. Then the 2008 recovery. That took 5 years The fed isn't back stopping anymore.