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Written: 2024-02-11Harry일반

Criticism of the Baby Boomer Generation

The The Greatest Generation was born into a world like the one seen in Red Dead Redemption. Horses were the most popular means of transportation. In their youth, they made automobiles a popular means of transportation; in middle age, they made Airplane a popular means of transportation and invented Container, accelerating Globalization. In old age, they sent humans to the Moon. This is also evident from the video 108 year old woman in 1977. On the other hand, their children's generation, the Boomer generation, was mired in drugs through the hippie lifestyle.

They turned the Moon landing into lost technology. Since they became adults, most financial collapses and economic recessions have occurred due to asset bubbles. Warren Buffett's wealth was mostly accumulated after the 1980s. Looking at his stock picks, they are fields where Innovative Technology does not occur and economic moats are firmly maintained.

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Posts on this blog are personal notes and opinions, not a recommendation to buy or sell any security. Investment decisions and their outcomes are the sole responsibility of the investor. The author may hold positions in the securities discussed.