IN the scenario you're describing, you jokingly talked about farmland. I'd increase my investment in a few local farm and restaurant owners who do good business. Go bottoms-up instead of large cap on everything. I'd start putting more money in biotech and pharma - the funhouse within the big top. The economy's fine. Some industries aren't listening to or have had their head in the sand around AI, its impacts, or why the actuaries at Tesla, Meta, Apple, Google, Amazon or Microsoft approve such insane investments in CapEx spending. The quiet and haphazard dismissal of most mid-level long-tail staff and leadership from some businesses, along with a slowdown of spending on new hires amongst a nebulous expectation that AI will somehow solve these gaps is the real problem under the hood that will lead to some interesting fruit, like Alan, a 50+ former and recently laid off programmer I ran into at Best Buy (which was PACKED with people, btw) who's starting a YouTube channel about his real life passion, (birds) opening an LLC to provide interoperable support for automation Git libraries. What happens when financially well-to-do's like Alan turn a corner? Or become self-sufficient? We didn't have influencer, gig worker, or YouTube creators in the economy of yore. We also didn't have the most nimble, well-informed (lol) voting block in the world, the global investor. Fluent in multiple markets and armed with the capable tools to bet on the future, will insure the future. There's a lot of money there, sure. Also, there's a sea of money looking for a home every month from a surprising number of 9 to 5ers.. Their investments and the variety of options at the retail investor's disposal has never been greater. The market has come to the common man, and what has this retail investor done? Nothing short of Saving Our Economy. IN the real world, our dollars in this community (for better or worse) is actually aborbing the bumps in economic activity as is AI - and spending on AI. The reason for the insane PE ratios and their justifications are well founded. AI is already making money in its emergent phase. The surrounding ecosystems of integrated services and cloud providers are a growing army of new businesses and most of them are choosing the US to hang their shingle. Emerging innovations still pent up out of the pandemic still have a backlog of commercial applications still not met yet due to the backlog / romanticisms of AI. So that backlog of 6+ years of connected work is what we, the collective we, are betting on. Return to office mandates, while controversial, have accelerated our re-discovery that we all work better together, even if Sean makes that tea nobody likes the smell of every afternoon. We are SO early in this supercycle.

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this might be an inverse of yesterday where META goes up but everything else goes down

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You linked a buzzfeed article which links back to an askreddit thread. Typical Buzzfeed.

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I needed a few thousand. I turned 600 into 8300 when mango dropped the market. After getting that 8300 I was told that the only way to make money is to work. If i had held my original position that 600 would have turned into $17000 pretty quick, but surely... I am here for a reason. $600 into $8300 is not life changing. It's almost just enough to keep me where I am at... but it's a real thing that I did. One could even have an affliction towards the market – where every win is an affirmation. Every loss doesn't do that. And don't get me wrong... I love rubbing it in bulls faces. I'm just ignorant is all.

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It’s an Index fund more or less.

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Would you rather be extremely good looking—an objective 10, or be the best trader in the market of your choice?

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I'd argue generational change is a big factor as well. Gen Z is getting close to 30 now, and it won't be too long before Gen Alpha's old enough to attend a club. That said, as someone who works in an industry of all age ranges, with many who attend strip clubs, I've never once heard a Gen Z mention going to a strip club. Gen Y has, but more as a rite of passage or a taboo sort of night. It's Gen X and older who frequent said clubs. Personally, I think even if OF didn't exist, these clubs would start to age out regardless. The dancers are young, but their customers aren't.

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Why be a stripper dancing for nasty old dudes when you can stay at home and be an OF hoe and shove alien tentacles up your ass for nasty old dudes? 

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Open AI and Nike announce partnership enabling openai to spend an additional $8 trillion in the Air Jordan 1988 pump technology.

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Anyone who says “but we’re at an ATH” in response to things nose diving randomly deserves to burn their mouth on their morning coffee. And yes I bought at the top 🙄

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