So many experienced and proven investors has express their view that the valuation is extremely high and what the world did after 08 - massive global QE is unprecedented and by logic is not sustainable. This create the effect of massive increase in Asset Value as compared to yield. Which create this super big gap between rich and poor as rich get richer, cause the rich hold a lot of Assets which are now highly valued.

However many that have this view like Charlie Munger still has their feet in the water, because they just don't know when the music will stop or how this new QE and printing money dynamic will play out. And of all low yield item, stock is still the best place to be optimistic about i guess.

But then we just beat out the 90s - 00s dot com bubble bull run. So if history repeat itself there is a possibility we get wiped out 50 - 70% of our portfolio value especially on hot stock like the FANG gang. That is a scary possibility haha.