STE's Stocks Investing Journey

"Davis Double Play" : Mr. Market & Asset Bubbles

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Publish date: Tue, 31 May 2022, 09:30 PM
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"The stock market is a device for transferring money from the impatient to the patient " by Warren Buffet.
The last two weeks must be a hectic week for Crypto investors as we had seen the collapse of Luna ( A type of stable coin) which wiped out almost $40 Billion of market cap from the Crypto-market.What is Terra Luna? Why did it Crash by 99.9%? As I mentioned before, Crypto as a so-called "alternative asset " class is very risky and may not be suitable for all
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