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Friday, March 29, 2024

Comment by zeroxzero

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  1. zeroxzero

    Given the year-on-year bullishness of equity markets, both members and moderator on this site have asked where the marginal buyer can be found as these levels.  It seems that, theoretically and arithmetically, there is still reason for hope: 

     

    ""As early as 1950, Enrico Fermi asked "Where is everybody? – the Fermi-Hart paradox. He noted that there are many suns billions of years older than ours, that life should have evolved on planets around those suns, and that – if interstellar travel is possible – aliens should have developed it billions of years ago, should have colonized the galaxy within a million years or so and hence we should be hip deep in interstellar travelers. So where are they?."



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