Reddit has always been somewhat reasonable when it comes to stock investing. Not overly bearish nor bullish, but tends to swing to either side depending on the market condition.
I m noticing a huge change in tone after the recent AI led mega bull run. Short-sighted comments and posts such as the following are very common and receiving high upvotes:
- Stock return exceeded our annual employment income. Investing is awesome!!! No shit sherlocks, the stock market just went up 25%.
- Who cares if it could be a bubble? Just join the party and make money.
- Shortage of memory chips will never end.
- It could be unsustainable, but I will buy now and sell at a higher price. Easy money.
- I sold all my underperforming stocks to buy AI stocks.
- Warren Buffet is a fool.
- Is [insert stock that went up 200%] still a buy?
- SpaceX is overvalued but RKLB is not, despite both having similar P/S ratio.