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Lily Francus and Jesse Livermore — Understanding Financial Bubbles (EP.91)

Infinite Loops

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The Market Operates Off of Extrinsic Value

Ono jeste: I think selfishly. Based on the personalityype that i have, i really like the idea of stuff. It doesn't require me to predict somebody else's mood. If i cold own microsop at, let's say, ten times earnings, and just collect the cash clothes all day, that would be happy. Once you can get to that price, you don't have to worry about other people. At that point, when you make a non leveraged investment, you can just make the investment, and then whatever other people do is their problem. Ono Jeste: A lot of my thinking bubble stems from thi discomfort view that in classical financial

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