I will post this chart maybe only once. Then you make up your own mind

1929 top - 25 yrs until meaningful new highs

1966 top - 17 yrs (ditto)

2000 top - 13 yrs (ditto)

2024 top - why not maybe 7 or so yrs (ditto)?

Got a better narrative??

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Discussion

I think about this one often. Dunno 🤷‍♂️

What is “Winner’s Curse” at 2025 of this chart?

Basically FOMO pricing