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- Jun 23, 2014
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I'm a financial professional with a sizable portfolio,
None of your questions has any relevance whatsoever to Jet57's decision not to be in stocks. In fact, it tends to support it by acknowledging values are subjective. ("20 different experts/opinions")
WTF difference is the value of any single stock when a Downdraft comes/Black Swan flies in?
we have non investor calling for another crash.....what i call a chicken little
you may not want to know his background or investing chops to see if he may have a leg to stand on......
as i said in another answer, chicken littles are scary....you get enough of them around, and it can change the way people feel about things
the internet is a wonderful thing....but just like all the other crap out there, some things can have an effect on the economy
chicken littles can be one of those things.....too many espousing a crash and suddenly a few more people begin believing it
so i will put the same questions to you?
are you calling for a crash? if so, what is your definition of one?
values have always been subjective...what buffett call the mister market effect....
one sector or another may be in favor and the whole sector jumps....goods and bad stocks
or may be disfavor, and the whole sector goes down included the really good blue chips that probably shouldnt
he is calling for a crash? what is his definition? when does he think it will happen....you know...facts that he will later be called on
if you are going to call something, call it
percent change, when, and cause.....that way it is in writing
and that way, we can all look back at his prognostication, and take it for what it was