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Every time these images get posted on finance Xwitter legions of newly minted stock market geniuses pour out of the woodwork to say actually it's a new paradigm and this time it's different. I'm not sure what it is, but I have this strange feeling that this time is not, in fact, different.
RT: https://shitpost.cloud/objects/2671c988-f88e-4a80-b88a-d8ef7dc4d60c
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@Hoss i tried reading up on mmt and it's basically a series of failed predictions and copes about why it's still correct
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@Inginsub @Hoss economists have predicted 4294967296 of the last 0 recessions since time immemorial, they just seem to forget that "the market" is not rational and especially in 2025 just assumes whatever bad news about tariffs or economic stagnation (see: BLS reports) don't real actually or are actually a good sign that the fed might lower interest rates because that's all they care about
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Buffett ain't gonna die until he gets his final W. This shit is keeping him alive.
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@Hoss Meanwhile Omaha Man is just sitting on $327 billion in cash, waiting to scoop up everything at a moments notice.
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@Hoss nothing ever happens bros justifying the some thing that just happened is the readjustment of fundamental forces and not just a repetition of something that happened before (it didn't)
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@Hoss @christmasman He's had a few Ls recently and has started leaving the stock market. I think he knows things could go bad pretty quickly.
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Buffett's recent Ls have come down to the fact that even he's not immune to the old adage "The market can remain irrational longer than you can stay solvent". I don't like the guy, but he built an empire proving he's as sharp as they come on Wall Street. He's right, but he might not live to prove himself so one last time.