tag:blogger.com,1999:blog-7478408299955066555.post5629938863150640821..comments2024-02-21T05:08:31.128-05:00Comments on Deep Throat: Don't worry....be happy.....Deep Throathttp://www.blogger.com/profile/02712515268051858186noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7478408299955066555.post-39192494691538194372017-11-26T18:03:35.780-05:002017-11-26T18:03:35.780-05:00Actually, as an investor, being "wrong" ...Actually, as an investor, being "wrong" for years, as I have been, has a significant opportunity cost. We've forfeited significant asset appreciation since 2015 when we started dollar cost averaging "out". But I'm fine with it for now. I've always said, nobody loses their home, jumps out their office window or overdoses because they didn't buy Apple, Microsoft or Google 20 years ago. On the other hand, if they bought Lehman, Bear, Enron or mortgage backed securities at the wrong time, they may have. I've discussed much of the reasons for the world-wide-bubble machine in my "Theory of Financial Relativity" post in August of 2016. Without giving the ending away, we can blame most of it on the world's Central Bank policy...the thesis: when CBs coordinate, bubbles can last forever. If you have time to read it I think you'll find it interesting. Hope you enjoy my work. Deep Throathttps://www.blogger.com/profile/02712515268051858186noreply@blogger.comtag:blogger.com,1999:blog-7478408299955066555.post-70793046474694818072017-11-24T06:50:51.184-05:002017-11-24T06:50:51.184-05:00Love the analysis in this post. However, we're...Love the analysis in this post. However, we're now sitting here at the end of 2017, and none of your worst-case scenarios have yet come to pass. I don't necessarily believe that makes your analysis wrong... but, what to make of it all?Anonymousnoreply@blogger.com