How Covid brought the future back
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How Covid brought the future back
1–10 of 78 posts
Re: How Covid brought the future back
#2This article is all over the place. The author starts with some history on how crisis and necessity for better life brings ideas to life, and then half the article is defending his view on the TSLA stock.
Apart from this, yes ,it’s cleat that a crisis is a terrible thing to waste, and companies are forced to innovate as the current struggles provide them opportunities to shine.
Re: How Covid brought the future back
#3This article is all over the place. The author starts with some history on how crisis and necessity for better life brings ideas to life, and then half the article is defending his view on the TSLA stock. Apart from this, yes ,it’s cleat that a crisis is a terrible thing to waste, and companies are forced to innovate as the current struggles provide them opportunities to shine.
So maybe a showcase that a great combination of words in a title is enough to generate upvotes?
Re: How Covid brought the future back
#4In fact, some economists continued to argue after 2000 that “bubble” is a meaningless category.
Uh oh.
"Stocks have reached a permanently high plateau" - Irving Fisher, economist, early October 1929.
Re: How Covid brought the future back
#5In fact, some economists continued to argue after 2000 that “bubble” is a meaningless category. Uh oh. "Stocks have reached a permanently high plateau" - Irving Fisher, economist, early October 1929.
There is something different this time.
People en masse have started using the S&P 500 and other index funds as a long term store of value. Large amounts of money buy these stocks every pay period with zero regard to performance or current market conditions.
As far as I'm aware, this has never happened before. We don't know how this experiment will change the market long term or whether it will eventually collapse.
Re: How Covid brought the future back
#6This is trash. If there is a point, the author does not seem to know how to get to it, nor support it.
Re: How Covid brought the future back
#7> a striking rise in investor interest in electric vehicles, autonomous cars, AI, and software companies ranging from consumer-facing companies like Facebook and Google to complex enterprise products like Snowflake
... Or, a striking rise in investing in whatever the mob thinks will make money, even when it is not, from tesla to bitcoin. If they were investing in the future they 'd be investing in ModeRNA / Biontech
Re: How Covid brought the future back
#8> a striking rise in investor interest in electric vehicles, autonomous cars, AI, and software companies ranging from consumer-facing companies like Facebook and Google to complex enterprise products like Snowflake ... Or, a striking rise in investing in whatever the mob thinks will make money, even when it is not, from tesla to bitcoin. If they were investing in the future they 'd be investing in ModeRNA / Biontech
Well, they did that too...
Re: How Covid brought the future back
#9In fact, some economists continued to argue after 2000 that “bubble” is a meaningless category. Uh oh. "Stocks have reached a permanently high plateau" - Irving Fisher, economist, early October 1929.
I've been listening to people say this "uh oh" since 2009. I think literally every year. Not a single year has gone by when someone doesn't "uh oh" and post something about turkeys at Thanksgiving.
Re: How Covid brought the future back
#10In fact, some economists continued to argue after 2000 that “bubble” is a meaningless category. Uh oh. "Stocks have reached a permanently high plateau" - Irving Fisher, economist, early October 1929.
There is something different this time. People en masse have started using the S&P 500 and other index funds as a long term store of value. Large amounts of money buy these stocks every pay period with zero regard to performance or current market conditions. As far as I'm aware, this has never happened before. We don't know how this experiment will change the market long term or whether it will eventually collapse.
> a long term store of value
Or a short term way to escape moneyprinting and inflation until the rates become sane.