Do we pivot back into Stonks?
Discussion
But tbh the price vs valuation of many companies is inflated.
You'd have to do the homework to see exactly what you are buying vs what you are paying for.
Some stocks that are disproportionate to its underlying valuation
Nvidia has lower pe than walmwart.
Yeah their earnings is wild dude, especially their margin
But idk Walmart is consumer facing goods so it's consumer Staples. Even in recession people will go to Walmart, but will they buy graphics cards?
Exactly. Its because the stock market is monetized, just like real estate, and gold, and bonds. That's why btc is a $500+ trillion dollar asset, cuz its just gonna eat allll that monetization. https://media0.giphy.com/media/cqv1ehyeR4KigaiHRa/200w.webp
Stonks stink
Corn only and hodl and stack
It's just so fucking simple
Yes, just get in before the others do?
You mean stocks? Thats the usual play or?
That tends to help. IPOs can get you in, but not always. For example I bought Airbnb at their IPO and I've been down 10/15% since then.
But still undervalued by wall Street -
I haven't actually checked on it
So stonks only enrich early investors? Like a ponzi scheme? Plus you dont hold the asset, its custodial. Sounds totally legit.
No, because you can pick up companies with low price to earnings or during market down turns.
I was fortunate enough to have capital available to deploy during the market crashes and lows. For example, in April this year.
It's like bargain hunting
You can gamble on stocks like that. It is a casino after all.
Tbh it's only 7 stocks
What could go wrong? They bailed out Boomers in 2008. 
Nothing, shit companies will fail and die and good companies will endure. It's happened before and will happen again.
Any crash is a test of endurance and actual business, not just 'we're doing business" type companies.
Bro USA been lying about these numbers for decades. This entire rally has been off the basis of fake jobs numbers, and on top of that, 'its business as usual'. It doesn't feel right because it isn't. And the longer it's held off, the worst it'll be
Mandibles is coming lol
I don't get the reference
The book (i dont like it personally) but all the fake wealth disappears- which is basically the stock market and real estate.
Bonds seem the first to go... which next? 
Sounds like an interesting book.
Bro real estate is land, idk how that disappears? Also yes VC bullshit money Burns quick and stocks that are shit businesses fail. Valuations drop as fear takes over
Bonds going? Nope. It's risk free and they can print more currency.
People have overpaid for real estate and stocks, they go to intrinsic value. Need to check book. Odell loves it.
What this chart is showing is that governments are buying gold and silver reserves (idk why silver lol) instead of bonds (as total market Cap)
Exactly. Stonks are a scam