I just realized that everyone who becomes an investor must think they are way smarter than average, so they probably spend all day trying to figure out what everyone dumber than themselves would do, and then act on the assumption that will happen.

[mikemccaffrey@wandering.shop]

I just realized that everyone who becomes an investor must think they are way smarter than average, so they probably spend all day trying to figure out what everyone dumber than themselves would do, and then act on the assumption that will happen.

So not only is the #StockMarket full of idiots (who I am way smarter than), but they are all sitting there purposely trying to act even dumber.

Explains a lot.

#SpaceXIPO #AIBubble