Preface – I’m completely new, ignorant, investing for the first time. Apologies for the word count below.
Currently – doing research
The past – Observing massive media doom going back to pre-2016. The message on 8 year old YouTube videos from CNBC etc = doom.
The past in reality – massive, unprecedented, unpredicted growth. Growth so delicious that ETF boom occurs.
Present – uncertainty is identical to past 8+ years. Narrative is the same
Future – the truth as I see it, as an outsider, as a complete noob = overpopulation ->
World overpopulation is the reason the market can’t stop, won’t stop. These aren’t bubbles. The bubbles you’re seeing are new investors in the US, India, everywhere.
330 million in America = inevitably more investors. 8 billion worldwide. People exiting the third world in South America due to Lithium alone will be huge. Continent of Africa has barely begun industrialization.
We, as ignorant new investors don’t know anything but buy. African new money = buy. India buy. USA buy. Unemployment low, more retirement accounts = buy. As noobs, we don’t even know we are bulls. Buy VOO? Sure. Nvidia, makes sense. Noobs buy.
Look at housing market, 65 million new homes predicted in USA. 1% of housing market currently for sale = overpopulation. Endless growth.
5 trillion in ETF’s? Go ahead and short that bubble. But will there be 50 trillion in ETF’s by 2030?
Yup. Because of overpopulation. The answer is always overpopulation. Going forward humans are literal compound interest as 8 billion grows and grows and grows.
There are so many people visiting Venice that it sinks WHILE tourists are there, and rises when they leave. Google any location, too many people, too many tourists not enough houses, schools, not enough condos, hotels
Last thing. I like to learn. So if I’m wrong tear me a new one. Best way to learn is be dead wrong.
If you’re experienced figure out a way to fleece the noobs. Or maybe just get swept up in their unprecedented, world-changing, buying power
Leave a Reply