It's not a market bottom because some people on reddit are calling for a recession. That's idiotic. Also buying a good company at any price is stupid. Relying on technical analysis is at best brain dead for 90% of people. Deciding which $+$-#cking Singaporean flying car company to buy when you can't even build a paper airplane is glue eating nonsense. GrOfFfF investing does still require a mind for value and fundamentals. If anyone here has read anything by Howard Marks, Peter Lynch, Ben Graham, Joel Greenblatt, Nassim Taleb, Marry Buffet or Robert Hagstrom you guys hide it really well. Basically I want to know have any of you ever read a book about finance and did you apply any of it.
Example: I read Howard Marks' Most Important Thing and then laughed while the spazz donkeys here said “You can buy a good company at any price” which he LITERALLY warns about verbatim in his book. Which lead me to slow down my buying during what seemed like a peak in the market. Not my sole indicator but a good one
Tldr; Anyone read a book then apply the knowledge? Let me know the book and the pitfall it helped you recognise.
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