Wow, you have no idea what you're talking about.
For others, who might be able to learn something, Warren Buffet's investment skill built Berkshire Hathaway into a $1 trillion (USD) dollar company. He beat the S&P 500 for decades, which is why his company is near the top of the S&P 500 (just below the big tech firms). He buys quality companies at a fair price, and prefers to hold them forever. I'm surprised he even beat the S&P 500 over the past 5 years, despite the S&P 500 doubling from 2019-2021. He deservedly is a legendary investor who has been through market cycles before any of us were born.
Money and investments are not governed by the laws of physics. During the pandemic, trillions of dollars were created - there is no conservation of dollars. Crypto and stock prices can surge and fall based on future expectations - but an object doesn't stop falling until it hits the ground. Pretending the stock market obeys Newton's laws is a very ignorant view that should be rectified by education. An object full of sh!t remains full of sh!t until acted on by knowledge.
How long before you simply admit you were wrong?
In other words, when do actual real world results start to matter?
I mean, is your ego going to allow that to happen or will you continue to be in denial for the rest of your life?
Since 2011, Bitcoin having an ROI of 9,000,000% versus the stock market's 300% and Gold's 50-60% should get your attention.
The fact that large institutions, banks and the government have declared Bitcoin as a new asset class and are heavily invested and have built divisions around them, spending millions of dollars to do so should let you know that it isn't going away anytime soon.
Psychologically in these situations, people often times cannot admit they were wrong because their ego won't let them and they simply double and triple down on their original thoughts even as it continues to be shown to be more and more wrong.
The question is, will this be you?
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