The greatest secret in finance is that nobody knows what they’re investing in and another is that a lot of the “very smart people” with “lots of data” base their powerful “financial models” based on extremely simplistic scenarios, many of them as obvious as “growth continues as it always has”
@soymethdad.bsky.socialMe, a serious finance guy: well no, you see this simplistic take just shows you are an outsider who doesn't understand my arcane mathematics adds dollar bills to my bank account out of thin air because.
