The buy-and-hold optimists should do a one-off post on how ‘the market looks bubble-y, stretched valuations, this can’t last blah blah’ and then whenever the mkt goes down they can point to how they totally called it too and steal the glory and satisfaction of (finally) being right from the perma bears and Big Short wannabees, which is all they have left given theyve missed out on generational returns.(Eric Balchunas)