Threadguy on stock market returns
Threadguy breaks down why the era of slow and steady stock market returns might be over. He argues that as the boomer generation ages out, a new generation,shaped by a different psychological landscape,is coming into wealth, inheritance, and positions of financial influence. "The boomers are aging out and the new psychosis-fried gen is aging in to money, inheritance, wealth, positions of power, influence over financial decisions etc." He suggests this shift is part of a larger trend, linking to a tweet for further conte
Transcript (en)
And there's this turnover that's happening now at the same time that stocks are pulling 1,000% a day, which is that the boomers are dying. The boomers are aging out. And the new psychosis fried gen is aging into money, inheritance, wealth, positions of power, influence over financial decisions, et cetera. And I think this is part of the reason that everything trades like crypto or is starting to trade like crypto. is this new gen that's coming into power is like the crypto gen, figuratively and literally. Literally in the sense that they grew up trading crypto and these weird alternative assets and figuratively in the sense that it's like the undisciplined short form video, short form content generation. And if markets are a reflection of human psychology, then the psychology of the generation in charge is going to reflect itself in the charts. And so someone proposed this idea for the first time, for the first time a year or two ago, which is like, what if information on the internet moves too fast now where we can't have a sustained bear market? It's not possible. They'll just wick it down 70% in two days, and then we'll just get it all out the way and we'll be done and we'll send it back up.
