I could see multiple places with phrases like Bubble  But I don't completely buy into bubble  Like back in 2000 we don't even got a computer or internet everything was a story over our head  But today each one of us uses 3 devices on average everyday  I personally believe ChatGPT help to orchestrate information very well this is on the positive side On the negative side Like Michael burry mentions - money goes in loop between Nvidia oracle and other no real revenue s And his concerns over depreciation  Howard marks recent letter spark to concern  ********* But at the end of the day it is something beyond our control  We can't fit market int valuation multiple beyond a point  We are at the mercy of capitalism  One thing we have to accept if big i

⭐ 2025 Reflection — What the Market Taught Me 2025 started with confidence because of last year’s gains. The first two months were calm, and many expected a correction, but few expected the speed of the decline. The market dropped almost 20% in 30–40 sessions, wiping out most of 2024’s gains. What made the drawdown manageable was the asset allocation, if it tanks 30% will the confidence factor increase to buy the dips and since The earlier selection was  quality and ETF. Deciding factor is raise funds quickly and absorb the dips as much as I can  I added during declines, but the biggest lesson was: Have rules, and follow them exactly. I broke my own rule by buying dips too