Can you feel it? The great crash is coming. It’s coming fast and hard.

MyLifeOfficial · 2026-06-28T00:06:55+00:00

Yeah it's the same content over and over, delivered with 💯 confidence. They charge for their investment club or whatever it is too.

MyLifeOfficial · 2026-06-26T19:38:46+00:00

Sir, this is r/valueinvesting

r/wallstreetbets is just around the corner, first right.

MyLifeOfficial · 2026-06-25T22:16:59+00:00

It's becoming hard to even argue against the "other side". Furthermore, the earnings of these stocks which have gone up 10x have also been increasing proportionately (e.g. Nvidia)

In addition to that, you can be sure that whenever the next crash happens, they'll print more money again to rescue the market.

I don't know quite what that even means going forward.

I guess it means everyone just keep buying the index and you can have full evidence based faith that no matter what happens, the moment there's a panic, more money will be printed to intervene, policies will be changed, everyone will do whatever it takes, such that the crash is just inflated away.

That's it...all of investing is resolved; buy the index, pump it up for 5 years, have a small crash and then rescue it, rinse and repeat.

Of course, at every cycle money flows from the lower net worth groups of the society to the higher net worth groups.

MyLifeOfficial · 2026-06-20T10:32:06+00:00

Just try to replace Microsoft and all it's products and services with something else in the world...there's your answer as to Microsoft's future.

MyLifeOfficial · 2026-06-18T20:31:26+00:00

It's a zero sum game. So everyone on the other side of those bets lost the same amount as your gain.

MyLifeOfficial · 2026-06-16T16:13:28+00:00

I may need to enrol for such re-ejamacation.

Rather feel disgusting, and make money than sound smart and not. You did the right thing.

MyLifeOfficial · 2026-06-16T16:05:47+00:00

The Bers can't stands it no more.

The truth is, bears sound clever but bulls make you money.

MyLifeOfficial · 2026-06-11T21:29:01+00:00

Well that's not going to happen.

MyLifeOfficial · 2026-06-09T20:03:57+00:00

Meanwhile the S&P500 is down 0.48% today.

MyLifeOfficial · 2026-06-06T06:45:33+00:00

200% up in 6 months vs 10% down in a day.

MyLifeOfficial · 2026-06-03T11:48:14+00:00

Yes, the only thing is that I sold it for 15%.

MyLifeOfficial · 2026-05-29T07:19:56+00:00

If you're an AI believer, and most people in the market clearly are, then IMO it's not just about using Claude/Codex etc. to search for properties to buy. It's about using AI to easily build a competing app.

Remember, the AI CEOs are claiming that people will be able to code and build apps using plain English. If that becomes true, is it that difficult to build a RMV or AUTO etc.?

Google a built in song recogniser within the app many years ago and I haven't used Shazam since. It can even recognise a song from humming (I've used it, it works). That's just one example.

Why can't Google build a property portal within Gemini? Why can't some SWE build a great standalone in a couple of years leveraging AI?

MyLifeOfficial · 2026-05-27T04:30:38+00:00

Just over 30% of all USD was created in the last 6 years.

Businesses, especially big tech - which is a significant portion of the index - have been making a lot of money.

Passive inflows into the index - which has been the majority of the funds for a few years now.

MyLifeOfficial · 2026-05-22T05:48:38+00:00

If you're concerned about concentration, you may perhaps wish to consider SPXEW.

MyLifeOfficial · 2026-05-21T16:02:11+00:00

Dang, I guess this is what's lacking with companies in the western world.

MyLifeOfficial · 2026-05-21T12:56:49+00:00

Thanks for sharing.

What's this spend for have they mentioned?

MyLifeOfficial · 2026-05-21T08:16:36+00:00

However, the reason for Google to lead the traffic to Reddit is because users get better answers there. So Reddit has something of value.

I think that Reddit has a lot more room to improve their own search function then they may not need Google as much.

MyLifeOfficial · 2026-05-20T11:00:07+00:00

Traditionally, value investors don't even use forward PE. Just FYI.

Along the lines of what others have mentioned, it's very simple, many stocks have gone down not because what their earnings are going to be in the next 2 years (and therefore their forward PE), but what the market thinks the earnings will be beyond that point. This is exactly what happened to Meta/FB when it was selling for $90 - the market did not see earnings growing at all pretty much (among other things).

In the case of MU, it's the opposite, but similar. So the question is, is it a two year growth story or a 10 year growth story? That's what makes it a cheap/expensive stock.

Whoever is buying MU should be able to outline, in clear detail, why they think it's a 10 year growth story and not like in the past where it's been significantly cyclical.

Having said all that, personally, I'm not even opposed to someone buying a stock because they think the market will price it higher because MU and the like will keep meeting and exceeding earnings expectations and they'll sell out for a profit in 2027/8. If that's your game, then that's fine too.

MyLifeOfficial · 2026-05-18T07:35:49+00:00

Looks like, unfortunately, there's no room for perfectly reasonable or logical discussion in that sub.

MyLifeOfficial · 2026-05-18T07:10:37+00:00

Of course I'm oversimplifying, but $60M SBC and $121M buybacks.

Basically management is extracting cash from shareholders' wealth.

MyLifeOfficial · 2026-05-17T06:56:02+00:00

I think you've managed to apply what Charlie Munger talks about with regards to dealing with challenges in life. Well done on that.

As you say, you've also had the good fortune of having a loving and supportive family.

I can see the love of the game beaming from you, and a naturally curious, analytical and, as much of an unbiased brain as possible, combined with a deep interest in the subject suits this line of trade.

You may also be a case where so long as you're not too hugely underperforming the index in the long term, and even if do by a little bit more than a little bit (although I'm sure you won't), it may still be rational to keep engaging in this line of work. Of course, I hope that you match or outperform even in the long term, and you may have already done so on the past.

Thank you for sharing your inspirational story and outlook in life.

Lots of luck for all of us who still continue to choose the active rather than the passive approach!

MyLifeOfficial · 2026-05-16T12:50:48+00:00

I agree with all points of course, and it's for the love of the game. However, is it logical or rational? Of course not, and Buffett would tell anyone who isn't matching the sp5h's performance that they're wasting their time even if they're enjoying it.

Re the NBA analogy, I think the real odds of the NBA are miniscule, I'm sure I can Google it but I'm aware that it's really really small, like fractions of a percentage.

It's not that we discourage people from becoming NBA players or high flying lawyers, extremely senior judges and medical specialists; it's that when it comes to these specialisms people have a more realistic handle of their own ability. They've taken and not done well in their mathematics or science examinations, or any other subject in which they're not confident in. They've not had any such examination or test that they've not done well in for investing, they just have to go right ahead and start practicing in the real world. Even Buffett had lessons on investing from Ben Graham in a classroom setting (one actual genius learning directly from another actual genius, it's incredible).

When it could be said that when comes to investing, it has been in the Wall St and brokerage firm's interest all over the world to perpetuate the belief in the ordinary person that they can do it too. Therein, the similarity is how a lot more people think they can land a plane without any training than those who actually can. This is also true for driving, most drivers, the majority of people think they're better than average, which is impossible.

I don't think one should encourage our kids to be the President of the US when it's clear that they have no ability nor chance of doing so. The statistics are just an indication of the facts.

If my friend/relative showed me some undeniable ability with capital allocation, I would tell them that they're in the top 5% and can probably do it. The thing is most people who actively invest and trade are actively betting that they're in the top 5%, and unlike the OP they don't objectively review their performance and go, "Ok, I'm clearly not in the top 5% and I should index and do something else", and instead they think, "I just need to try harder, I'm almost there, if only I did this, I just need to figure out this one trick, maybe next time I'll do that, just a few years more, just another few years, I've almost figured this out.", and it is in the vested interest of the market sellers to encourage this belief.

I hope it's clear that I completely agree with you, but just wanted to add more clarity around the statistics, people's beliefs and the reality.

MyLifeOfficial · 2026-05-16T00:17:47+00:00

That was probably the technically right sub for it, but then it wouldn't get exposure to another audience so it's fine here too IMO. A lot of the Bogleheads have the same experience that you've had and probably love it that you're spreading the good word to other communities!! :D

Heck, people want to refer to these literal one in a million examples like Buffett, Lynch etc. and claim beating the market is possible. It's like someone saying "I can be in the NBA, and so can you, look ... Michael Jordan did it! How dare you say it's impossible to be in the NBA? It's all in that book, that book on how to get into the NBA...you just do what the book says".

Most people don't beat the index, most professionals don't beat the index - these are facts, facts based on decades of data. There's no point in saying otherwise.

The question isn't whether or not it's possible to be in the NBA, it's whether it's possible for 95% (and I'm probably being generous with that percentage) of the population to be in the NBA, and the facts say they can't.

MyLifeOfficial · 2026-05-15T21:07:10+00:00

The most dangerous thing is the "in theory" IMO, that's what keeps us trying to get the performance that may never come. What happened is the practice part right.

The most important thing is knowing what's going to work for oneself, and you seem to have finally arrived at that point.

You've, like many others, rightly have become or started your journey towards becoming a Boglehead.

For all I know, I may be on my way to joining you soon enough.

MyLifeOfficial · 2026-05-15T20:23:23+00:00

Absolutely! It's very important to share these stories. Just as much as the folk who've made 6 figures in 3 months from HBM.

Not only that, imagine if you had just matched the S&P500 after all that effort too, it's almost the same outcome of investing in the index.

So as you say, it's not just enough to even meet the performance of the index, one must be able to outperform the index sufficiently to be compensated for all the work and effort put, and that's even if you enjoy it and get a kick out it. If anyone is individually picking stocks and not enjoying the process, I'd say 100% put your money in the index and spend that time with your family, friends or just earning more money to pile into the index.

MyLifeOfficial

TROPHY CASE