this post was submitted on 12 Feb 2026
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Except then you read this https://www.usatoday.com/story/money/economy/2026/02/05/most-job-cuts-2009-economy-faltering/88525316007/
Note that the mantra doesn't say the market can stay irrational, it's just a warning that if you are predicting when irrational failure will produce the expected results, you can be in for a bad time. So if someone is thinking about shorting a bunch of the heaviest bubble stocks and expecting to win, well, they can get screwed as the bubble sustains long enough to screw them and then pop.