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Comment by sambarina

"All" you have to do is watch "How the economic machine works (in 30 minutes)" by Ray Dalio: https://www.youtube.com/watch?v=PHe0bXAIuk0

Read his insights and watch his interviews. That's a good basic start. Everything more then that: Nobody really knows.

I have read countless of books, but one thing you have to know:

It is a market - period. Something has value just because another person wants to buy it (at a given price). That's basically all there is. If you think that some asset is worth more in 10 years then it is now - buy it.

The "markets" go heavily up and down currently. That's just because different people price in the current health crisis in different ways.

parent sambarina 6 years ago

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