It's going to be years until there is another bullrun. What the fuck are we supposed to do in the meantime?
It's going to be years until there is another bullrun. What the fuck are we supposed to do in the meantime?
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Calculate fib numbers
Post LINK memes
get a job
Share post 4IR business ideas.
youtube.com
>moving aggressive ostriches
This triggers the roofuckers
oh man I'm getting hard just thinking about how many tendies you would get out of that
Saved. This guy fucks.
Found his grave findagrave.com
Apparently this BASED sir has beaten the S&P! Thank you user ! This is why Yas Forums is still relevant once you cut the mouth breathers off
linkedin.com
Here's another version, posted yesterday by some user.
Seems 'Fib retracements' rabbit hole is deep.
Yea this seems legit
Ressonates with what Ray Dalio’s been saying about short and long debt cycles too.
Eerie how he got dot com bubble, corona chan, 2nd world war to name a few. The 29’ bust he called on 27 tho.
The question is: is he accurate or we’re applying sharpshooter’s fallacy on hindsight ?
That guy I posted claimed to have run the numbers. Check it out
Ray Dalio: Well, I'm at a stage in my life that I want to pass along the principles that helped me. This was really research that was done before the 2008 financial crisis. And it lays out a template of how these things happened over and over again. In other words, I believe that the same things happen over and over again, and if you study the patterns of them, you understand the cause-effect relationships, and then, can write down principles for dealing with them well. We dealt with them very well in that financial crisis and in other debt crises, and I wanted to pass that template along. It's actually only in the first 60 pages of the book, so it's not a big read if people want to —
businessinsider.com
>findagrave.com
So the recession will last until 2023?
More on Dalio’s recent statements:
What is happening now would have been unimaginable not long ago. It was only unimaginable because it had never happened in our lifetimes. However, if one studied history one would have seen that it happened so regularly in the past that one would have considered it inevitable.
Before I get into the examination of what is happening now, I’d like to explain why I’m looking into such long-ago history to gain my perspective. While it might seem that long-ago cases are of little use, I learned the hard way that the opposite is true. I have found that the biggest and most painful mistakes that I made in the markets came because I didn’t study time periods that happened before my lifetime.
Checking, this is interesting:
'Two farmers Samuel Benner and George Tritch
were responsible for what we now refer to as ‘The Benner Cycle’ and ‘Mr Tritch’s Chart’. Both lived in the United States of America and published their findings in the 1870s.'
Will check this book also:
archive.org
Awesome!
Read the “panic” chapter, I feel like reading same as Dalio’s saying
So buy in 2023?
Also this:
Bennet’s panic cycle
Both’ve appointed the same panic years
1837
1857
1873
1891
Well, only with money i'm willing to lose. Accuracy is astonishing so far...
Woah, and now hundreds years later anonymous frog posters are checking numbers @ /biz
According to the link you’ve sent bennet’s book was published in 1876 and Tritch’s chart date’s from 1872
True, trying to find more, but seems less info is available on Mr. George Tritch
That would mean that 1873 needed to be a panic year, since Tritch predicted in on his 1872 chart and Bennet inserted it in his book 4 years latter. Right ?
So I went for a quick google search and BAM!
DescriptionThe Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 until 1877, and even longer in France and Britain
It's great that we found the secret boys, now we will be rich beyond our wildest dreams
I’m not convinced yet
This “investing in interest during the bear market” could be a bit dodgy. As per his calculations pure Tritch method did not beat the S&P. I’m thinking about how to run these numbers
Very interesting
I am pretty confident we are the new wealthy elite, gentlemen.
So bullrun soon since you guys are retarded, right?
Idk, but picrelated is interesting too.
sounds about right to me. i didn't need a stupid chart to tell you that.
>didn't need a stupid chart.
Stupid chart from year 1872