Our financial community often claims the market has determined the right price, except during sudden correction or crash investors overreact. Refer to the dot com blow up and blow off of overreactions. Note that active value funds such as D&C sidestepped much of the mayhem. May investor hype from (groups think) online clubs such as Reddit propel poor decision-making or at least high-risk investment speculation? Do we now have too many of these hyped stocks in the S&P?
The invention of income tax immediately became popular with citizens. Probably due to class envy. The motivation is dark meaning not good for the personal development side of things if you know what I mean. Why is it so important to scrutinize our earnings and investments? This is high-stress nonproductive work surrounded with lawyer-like intimidation. Coercive government incentive that is opposite of what the creation of government was supposed to be created for. To further the citizen's enjoyment of life.
My question shouldn't our representatives be held to the standard of inventing better ways to finance governments. Shouldn't they be on the hunt to find less costly ways to run this funding system? Surely, someone could find a painless system that doesn't entail so much waste of effort and time.
Comments
Our financial community often claims the market has determined the right price, except during sudden correction or crash investors overreact. Refer to the dot com blow up and blow off of overreactions. Note that active value funds such as D&C sidestepped much of the mayhem. May investor hype from (groups think) online clubs such as Reddit propel poor decision-making or at least high-risk investment speculation? Do we now have too many of these hyped stocks in the S&P?
Post: Rare Feat
Link to comment from October 29, 2021
The invention of income tax immediately became popular with citizens. Probably due to class envy. The motivation is dark meaning not good for the personal development side of things if you know what I mean. Why is it so important to scrutinize our earnings and investments? This is high-stress nonproductive work surrounded with lawyer-like intimidation. Coercive government incentive that is opposite of what the creation of government was supposed to be created for. To further the citizen's enjoyment of life. My question shouldn't our representatives be held to the standard of inventing better ways to finance governments. Shouldn't they be on the hunt to find less costly ways to run this funding system? Surely, someone could find a painless system that doesn't entail so much waste of effort and time.
Post: Rich Pickings
Link to comment from October 28, 2021