>The Nifty Fifty were a collection of 50 premier blue-chip stocks, including brands like Disney and Coca-Cola, that became the darlings of institutional investors for their perceived reliability of their stock always going up. This era of irrational exuberance imploded during the 1973–1974 bear market, as soaring inflation and the OPEC oil embargo forced a brutal reality check on their unsustainable 80x earnings valuations. The resulting collapse was a relentless two-year grind that saw former market leaders lose up to 90% of their value, permanently destroying the myth that any stock is safe to buy at any price.Hmmm that sounds familiar.
>>62178992New meme words?
Bobro, we eating good recently
>>62178992>goyslop is the same as thinking machines
>>62178992>80x earnings valuationsso basically just tesla and intel right now
>>62179059you think you're investing in thinking machines, but you're actually investing in theories about thinking machines. theories don't always turn out as expected. sometimes /biz/ needs to be reminded: you're nothing more then speculating worms
>>62178992Very few companies have that ratio, hell Nvidia has a lower PE than Walmart and both are below 50. Not to mention that we were being lead by a failed peanut farmer back then who couldn't even get our hostages back and not a wildly successful real estate mogul.Sorry Bobo, but at most you'll see like an 8% correction. You're too pussy to buy in anyway so it's not like it even fucking matters. You always lose.
>diversifyyawnnext
>>62178992>coca cola in shamblesha, ha...HAHAHAHA
tmw
>>62179106They'll learn. Most of /biz/ is young. They haven't gone through the wringer.
