Stanley Druckenmiller warns the stock market will be ‘flat’ for an entire decade

Post by zikduruqe » Fri, Sep 16, 2022, 7:43 PM UTC

vsareto wrote: post #155

mountainriver wrote: post #148

I have a very different position on this. I think we will see the most growth we’ve ever seen in the next decade and it will be powered by AI. I think most of these investors don’t really understand how close we are to have very useful AI and what it’s impact will be. We are roughly on the verge of another industrial revolution

None of the AI stuff really solves things like affordable housing or keeping wages up with inflation (or addressing inflation). It's not going to magically give us more energy without environmental impacts, or settle conflicts between countries. Building another AI-marketed SaaS only benefits people who don't need those benefits. In all likelihood, it'll just give us more bullshit jobs.

Post by triceratops » Fri, Sep 16, 2022, 7:51 PM UTC

spaceman_2020 wrote: post #174

mattbrewsbytes wrote: post #38

And Michael Burry has been predicting crashes every few years since the 2008 one. And Bill Ackman predicted 'hell is coming' at the onset of the pandemic and made $2B [0]. And there were US Senators that also did possibly illegal things to pull money out of the market before the public knew about the pandemic. Outside of disclosures filed with the SEC, stock trading is anonymous yet they will have all sorts of headli…

> And there were US Senators that also did possibly illegal things to pull money out of the market before the public knew about the pandemic I just found out that there's a new ETF being filed that tracks trades by democrats and republicans. Probably beat the market easily

Post by andrewf » Fri, Sep 16, 2022, 8:07 PM UTC

tunesmith wrote: post #185

nprateem wrote: post #132

Earlier quoted context omitted.

Got a link please? That surely depends on having a > 20 year time horizon

This one isn't bad: https://www.reddit.com/r/Bogleheads/comments/wpqsno/lumpsum_... And here's a question. Say you have a windfall and you're deciding whether to lump sum or DCA it. And you decide to DCA. So therefore, why wouldn't you liquidate your entire investment portfolio and also DCA that the same way?

Post by hedora » Fri, Sep 16, 2022, 8:30 PM UTC

nprateem wrote: post #130

anm89 wrote: post #128

Earlier quoted context omitted.

Yeah some clowns named Ray and Warren also keeps crying wolf about how the economy has issues too. These guys have no idea what they are talking about! I don't think they even trade.

Buffett has also been predicting the mother of all crashes since 2016. Lesson: never listen to experts unless you discover one with a time machine. Like they say, more wealth has been lost trying to time the market than in crashes.

Post by papichulo4 » Fri, Sep 16, 2022, 8:54 PM UTC