Comments by "Jim Werther" (@jimwerther) on "NEXT MARKET CRASH: 10 Signs it's Coming" video.

  1. The idea that we could face a market crash worse than the Great Depression is without basis. The average person today is many times wealthier than his 1930s counterpart. Too many people are ready to jump into the market and buy the dip. It wouldn't stay down long. As it is, everything in the world moves at a far more rapid pace now than it used to. Will the market drop 50%? I really don't think so. But if it does, it will bounce halfway back within weeks.
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  2.  @theBear89451  No one can time thr market. No one.
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  3. As someone who is mostly in tech stocks, I've lost a full 25% of my profits in the last week, and most of that happened yesterday, Monday. Nasdaq is ripe for the picking.
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  4.  @brarautorepairs  Yeah, we've all been there with one company or another.
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  5.  @WeaponGrade  You may lost some money, but you've kept your sense of humor. A good attitude in life is worth more than all the money in the world.
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  6. Why is that relevant?
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  7.  @cwalenta656  I don't know why it would. The tax credits thing isn't going away anytime soon.
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  8.  @cwalenta656  No major automaker in this country is becoming even majority EV for five years at a minimum. Tesla will control a vastly larger slice of the overall market by then, particularly through unmanned taxis and deliveries.
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  9.  @cwalenta656  In this same video, he granted that betting against Elon Musk is an unsafe proposition. How Tesla makes its money is utterly irrelevant. McDonald's is a real estate company, not a burger seller. Do you care? Do MCD stakeholders care? Why would they? I would note that ARK just placed a bet on Tesla. Want to bet against Cathie Wood? I don't.
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  10.  @cwalenta656  You've come full circle: Their P/E is what it is, and no one said otherwise. Their source of income is and remains part of the deal, and is not an important part of the conversation. I could care less if they make their money selling Elon Musk wines at $25,000 a pop, as long as it continues. Not relevant. By the way, would you rather own $10k of TSLA, or MCD? I know which one I would rather have.
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  11. Did he really?
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  12. Peter Schiff always thinks the market is about to tank. He was right in 2008, but wrong other times.
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  13. I respect his opinion, and certainly the way he presents himself with just basic facts and no ego. I suspect he is wrong here though. We are in a different world than even a few years ago: Think about not only the immense wealth which abounds, but the easy and free access that the average person now has to investing, unthinkable before Robinhood. Retail investing may have changed today's market in the way that the internet changed commerce in the 1990s and beyond.
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  14.  @delaneyweeks4856  Are you trying to impersonate Patrick Bet-David's company by using his thumbnail? I can see that you are "Valuetinment", not Valuetainment". Nice try.
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  15.  @Enceos  Damn, you made serious coin.
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  16.  @tobiko5385  If he is you, then who are you?
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  17.  @hawkcreed4217  Hey, better than not buying at all. You nearly doubled your money!
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  18.  @augustus672  Very interesting analysis. Thank you for that.
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