Public companies that have perpetually losing billions are trading all-time high.
Sport cards are selling for hundred of thousands.
Pokemon cards went for millions.
NFT is basically printing money.
I can't help but feel like a chump for trying to invest my money based on the good old fashion way, based on fundamental. Being analytical seems to not to work anymore. It seems you have to just embrace whatever the masses are after, whether that Dogecoin, GME or NFT.
But all these make me feel very sad about the state of the world, it feels like we are in one big casino and people just mindlessly "investing" or really just gambling and somehow it just keeps growing exponentially. At first I thought this won't last ... but it has been going on for a year now.
Feeling powerless and why am I still resisting to FOMO into these things I really don't believe in. Basically joining the other side. Have you guys been thinking about this at all?