Nikita Bier
@nikitabier
unemployed. former head of product @x, ex-founder @thetbhapp (acq by @meta), ex-founder @gasappteam (acq by @discord)
Joined July 2012
2.1K Following 1.4M Followers
The most important thing to understand about stock market cycles in the internet age is they keep getting faster.
A rule of thumb is that each successive one will always be half the duration of the previous one. Any time you feel you should wait a little longer, you have waited too long.
By this logic, a recession in the year 2100 will last 30 minutes.
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