How Sick Is the Stock Market? • Hacker News Board

Re: How Sick Is the Stock Market?

#11

Post by uhwhat » Tue, Aug 25, 2015, 10:04 AM UTC

draugadrotten wrote: post #3

lesingerouge wrote: post #2

TLDR: not very sick, just very short-sighted, panicky and greedy.

Greed is good as Gordon Gecko put it, and science concurs. http://time.com/41680/greed-is-good-science-proves/

*Scientists interpreted observation as clickbait worthy title for blog posts

Re: How Sick Is the Stock Market?

#12

Post by fnordsensei » Tue, Aug 25, 2015, 10:12 AM UTC

swagatatay wrote: post #7

can someone explain this article? made no sense to me.

This is likely to be a small-ish market correction. Short term, it might look like a big dip, but taking into account the massive growth the last few decades, it's not likely to be much.

Re: How Sick Is the Stock Market?

#13

Post by ycosynot » Tue, Aug 25, 2015, 11:35 AM UTC

swagatatay wrote: post #7

can someone explain this article? made no sense to me.

It says sometimes it goes up, sometimes it goes down, but mostly it seems to go up.

Re: How Sick Is the Stock Market?

#14

Post by Intermernet » Tue, Aug 25, 2015, 11:39 AM UTC

rgbrenner wrote: post #9

Intermernet wrote: post #4

Earlier quoted context omitted.

That Time article is linked on a bunch of fora, but none of them have a link (or reference) to the actual study. Any idea if it's available? I suspect that Time's treatment of it is not as nuanced as the original authors would have liked, and even then, the Time article doesn't actually concur that "Greed is good". They just have that phrase in the headline.

I think this is the paper: http://www.nature.com/ncomms/2014/140326/ncomms4526/full/nco...

Thanks, much obliged. I wish articles would provide proper references!

Re: How Sick Is the Stock Market?

#15

Post by dsfsdfd » Tue, Aug 25, 2015, 11:40 AM UTC

Look at the ftse 100 over a 30 year time frame and tell me you can't make a guess as to what's coming.

Go here and click on 'all' in the zoom menu https://www.google.com/finance?q=INDEXFTSE%3AUKX&ei=qlLcVZHi...

Re: How Sick Is the Stock Market?

#16

Post by venomsnake » Tue, Aug 25, 2015, 11:58 AM UTC

Which is sad. I really want to see the global economy devastated. It will be quite fun.

Re: How Sick Is the Stock Market?

#17

Post by switch007 » Tue, Aug 25, 2015, 11:59 AM UTC

dsfsdfd wrote: post #15

Look at the ftse 100 over a 30 year time frame and tell me you can't make a guess as to what's coming. Go here and click on 'all' in the zoom menu https://www.google.com/finance?q=INDEXFTSE%3AUKX&ei=qlLcVZHi...

But why? Because of similar events/conditions? Because the two busts were roughly 6 years apart and it's 7 years since the last?

Re: How Sick Is the Stock Market?

#18

Post by codingdave » Tue, Aug 25, 2015, 12:03 PM UTC

The younger you are, the less it all matters, as the trend over a decade or more will always be "up". (If not we have bigger problems.)

So if you don't plan on retiring off your investments in the next 10 years, just enjoy the ride. If you do want your money in the next few years, it shouldn't be in stocks.

Re: How Sick Is the Stock Market?

#19

Post by qrendel » Tue, Aug 25, 2015, 12:03 PM UTC

venomsnake wrote: post #16

Which is sad. I really want to see the global economy devastated. It will be quite fun.

Hope this is sarcasm. No one really wins from a recession. Sure you may make some money if you go short at the right time, but it's still better to have moderate wealth in a rich world than be among the richest in a poor one.

Re: How Sick Is the Stock Market?

#20

Post by dharbin » Tue, Aug 25, 2015, 12:13 PM UTC

codingdave wrote: post #18

The younger you are, the less it all matters, as the trend over a decade or more will always be "up". (If not we have bigger problems.) So if you don't plan on retiring off your investments in the next 10 years, just enjoy the ride. If you do want your money in the next few years, it shouldn't be in stocks.

So what you're saying is that past performance is indicative of future results...