• Num10ck@lemmy.world
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    19 hours ago

    the market can remain irrational far longer than you can remain solvent.

    the world is full of bubbles right now but the wisest move is to hoard cash while the trumpets are playing and buy everything after the dust settles. like warren buffet isnt trying to time the crash, its long overdue.

    • ililiililiililiilili@lemm.ee
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      7 hours ago

      Hoarding fiat currency will always end worse than slowly trading it for assets that hold or increase in value. All the while: government money loses value by design. Attempting to time a crash and call the bottom is more akin to gambling than investing.