Comments by "" (@jmitterii2) on "Great Investing Isn't Sexy - The Plain Bagel Interview" video.

@lifekeywords A pattern like that would be obvious to anyone, especially to computers.
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"It's eroding faith in free markets." talking about pump and dump. Nobody should have faith in freemarkets because this is the result of "freemarkets". Business school is nothing but how to manipulate markets.... an entire degree is used to manipulate markets.... it's called marketing. Okay rant over. But seriously, free markets??? Who believes that shit anymore?
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@jicalzad And the luck you're not going in now... or 1991 in the Japanese NIKKE and it never come back break even for 30 plus years.
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@creatineenjoyer7345 Stocks aren't equal to civilization advancements thought. And many nations stock markets have lost generations of income. Japan is a big example. In fact, the US exchange performance since the 1929 crash has been the outlier freak phenomenon... and that's only because monetary policy of the US since the 1980's... it purposefully crashed the economy in terms of money supply by upping overnight interest rates thus real interest rates for loans exceeded beyond 25%. Then after the liquidation of money supply, it dropped rates to 5% and then lower, which pushed liquidity toward stocks. And key preventive measures such as laws that mostly prohibited company stock buy backs as that's literally stock price manipulation, and even more important, separation of deposit banking and investment banking was repealed in 2000... it's no wonder 8 years later we have a crash. And the 2008 Frank Dodd Act didn't bring back any of these fixes. Instead it just ensured that Fed Reserve could buy mortgage back securities ... any asset from these banks (now both deposit and investment bankers) to keep them liquid ie have enough cash to pay demands on dividends and withdrawals on deposits; hence the last couple trillion in March 2020 was just done without congress's approval. And also why Fed Reserve was able to do something they NEVER did before, buy corporate junk bonds from Walmart to Carnival to Blackstone to Amazon to Verizon to other ETFs and REITs... they stopped purchases end of Jan 2021. Stocks really haven't taken off until the 1980's on such returns. From 1946 thru to the 70's equities were trading sideways with some 20% and bigger pull backs.
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