A veteran investor says a crash is here and compounding is a myth, which makes m

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What money idea stuck with you most?
Funny that he also stated that compounded returns are a fallacy that only investment advisors and economists believe in. He recalls the 20-year loss of any returns in the Japanese stock market and says that's what we are headed for.

Amazing to think that our homes could be worth 20 or 30% less and that the market would go down that much or more. He says to not own any US company stock and to invest in companies overseas instead. He has 60+ years of investing a lot of money and seems very smart and very experienced. He believes we are definitely in a bubble when it comes to AI infrastructure investment.

Andy F.

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A veteran investor says a crash is here and compounding is a myth, which makes m · Smartnering