What was it like trading the Covid bubble, dad? One time this guy went on TV without knowing what his stock pick did, & when people called him out on it he started posting videos of himself shooting guns from his Lambo with his hot wife inside. The stock dropped 90% (so far)
IMO the death of business travel is an absurd narrative. The point of business travel is not efficiency, productivity or anything like that. It's to get drunk with random people in cool places, and that's gonna be in even higher demand post-COVID.
You know what's funny is the older you get, the longer you're in the market, the more you realize one thing really is true: the bond guys definitely are smarter
NFTs are such a self-own. If we actually had something else to show for blockchain, crypto ppl wouldn't be so eager to try and make them happen. Bitcoin remains the only thing that matters. Sooner ppl drop the NFT junk, sooner we figure out just how impt bitcoin is.
I am implying that current expectations for the suddenness and intensity of economic recovery are underestimated. IMO this is more obviously bearish Treasury bonds than it is bullish stocks, but an argument can certainly be made for both.