My understanding of the DSM (which I have not read) spectrums was that it included all peoples, with one end containing most individuals who have little to no symptoms indicative of a disorder and as we move further down the other end of the spectrum the number and intensity of symptoms increase.
Is my understanding incorrect here (genuine good faith question)?
Even a fractional reserve exchange that’s “doing ok” (whatever that means when you play with other people’s money) is still gonna buckle under the weight of a run.
Been there, done that. However, the worst position to find yourself in is partial traction. A few customers, giving you that slight bit of hope to keep grinding. Then after 5 our more years, you've made 20K and are stone motherless broke. Or maybe that's just me. Chin Up dude.
There are bound to be wild psychoactive mushrooms near you. Do some research and then do some bushwalking (or hiking if you prefer). Mushroom hunting is cathartic.
never taken mushrooms but been mushroom foraging for food purposes and well, it has to be said: be very, very careful with this stuff. Pick the wrong mushroom and it can and will kill you, and it may be very, very difficult to distinguish the right one and the wrong one. Do things like spore prints, and read books carefully with every specimen.
At least, valuation-wise, I agree. We've been on a ridiculous, risk-on market rally for a decade and a half, fuelled by incredibly cheap money and plenty of discretionary excess, and tech stocks have been the vehicle for speculative trading. My money is on energy and associated mining sectors outperforming in the next market cycle. I think we're about to see the return of Peter Lynch style investing after the washout of excess from tech.
I do not disagree, but I do think there is still room for growth with established tech such as semiconductors and maybe cloud. There's so many thing still "old school" in this world and I see tech advancing more and more into those sectors. But I'm guessing it will be a very saw-tooth pattern for the next few years.
What I am avoiding like the plague are companies that have no profits, no dividends and no real innovation. Any company that is still aiming for growth before profits is just scary.