Aged Like Milk

Aged Like Milk

Advice that has aged terribly over time

57 posts
Aged Like Milk May 2024

JPMorgan Fired "Wall Street's Nostradamus" for Being Too Bearish. The S&P 500 Then Rallied Another 25%.

"I think we're in a fragile market... the risk-reward for equities is not favorable. We maintain our year-end S&P 500 target of 4,200."

— Marko Kolanovic, JPMorgan Chief Global Strategist

15h ago
Aged Like Milk July 2024

Wall Street's "Most Bearish Strategist" Predicted a 32% Crash to S&P 3,750 in 2025. The Index Rallied 17% to All-Time Highs Instead.

"The consensus soft-landing narrative is wrong. The US will fall into a recession in late 2024 or early 2025. Growth in the rest of the world will also slow sharply."

— Peter Berezin, Chief Global Strategist at BCA Research

20h ago
Aged Like Milk 2020-2021

The "SPAC King" Promised to "Democratize" Investing for Retail Investors. His Six SPACs Lost Them 70-98% of Their Money. He Made $750 Million.

"I think that there is a democratizing effect here which is very important and powerful... SPACs are a means to democratize access to high-growth technology companies for retail investors."

— Chamath Palihapitiya, Venture Capitalist and SPAC Sponsor

1d ago
Aged Like Milk August 7, 2024

Rosenblatt Analyst Set a $1,300 Price Target on Super Micro Computer. Three Weeks Later, Hindenburg Research Dropped a Short Report. The Stock Is Now at $24.

"We are raising our price target to $1,300... The 25% correction seems over the top when considering the Hindenburg dynamic as old news or inaccurate."

— Hans Mosesmann, Senior Research Analyst at Rosenblatt Securities

2d ago
Aged Like Milk March 30, 2025

White House Trade Advisor Promised Tariffs Would Raise $700 Billion a Year. The Actual Amount Was $240 Billion. Then the Supreme Court Ruled It All Illegal.

"We are going to raise about $600 to $700 billion a year from these tariffs. Auto tariffs alone will add another $100 billion. This is how we fund the biggest tax cut in American history."

— Peter Navarro, White House Senior Advisor for Trade and Manufacturing

3d ago
Aged Like Milk October 21, 2019

Elon Musk Promised "Over a Million Robotaxis" by 2020. Six Years Later, Tesla Has a Handful of Modified Model Ys With Human Babysitters.

"Next year for sure, we will have over a million robotaxis on the road. The fleet wakes up with an over-the-air update. That's all it takes."

— Elon Musk, CEO of Tesla

4d ago
Aged Like Milk March 28, 2024

Wall Street Analyst Downgraded Palantir to "Sell" With a $20 Target, Warning That "The Darkest Days" Were Ahead. The Stock Is Now at $145.

"We are downgrading Palantir to a Sell rating... valuation is egregiously rich... and we believe the darkest days of this economic downturn are ahead of us."

— Brian White, Senior Analyst at Monness, Crespi, Hardt

4d ago
Aged Like Milk April 8, 2025

White House Trade Advisor Personally "Guaranteed" No Recession. The Economy Contracted Three Weeks Later.

"I guarantee no recession, OK? ... Dow 50,000, I guarantee that."

— Peter Navarro, White House Senior Counselor for Trade and Manufacturing

5d ago
Aged Like Milk February 2021

Intel CEO Promised "Five Nodes in Four Years" With "Unlimited Budget." He Was Fired Before Year Four. The Stock Lost 60%.

"You have an unlimited budget, and you are going to deliver five nodes in four years."

— Pat Gelsinger, Intel CEO, speaking to his head of technology development upon returning to the company

Mar 31, 2026
Aged Like Milk January 21, 2020

Ray Dalio Said "Cash Is Trash" at Davos. Six Weeks Later, Cash Was the Only Thing That Didn't Crash.

"Cash is trash. Get out of cash. There's still a lot of money in cash."

— Ray Dalio, Founder of Bridgewater Associates (world's largest hedge fund)

Mar 30, 2026
Aged Like Milk March 2023

"Big Short" Investor Tweeted "Sell" and Made a $1.6 Billion Bet Against the Stock Market. He Closed It for a 40% Loss. The S&P 500 Is Up 42% Since Then.

"2000, 2008, 2023, it is always the same. People full of hubris and greed take stupid risks, and fail."

— Michael Burry, Scion Asset Management founder and subject of "The Big Short"

Mar 29, 2026
Aged Like Milk September 13, 2021

Cathie Wood Predicted $500,000 Bitcoin by 2026. It's Currently Trading at $70,000.

"I expect Bitcoin to reach $500,000 in five years. If we are right and companies continue to diversify their cash into Bitcoin, and if institutional investors start allocating 5% of their portfolios..."

— Cathie Wood, CEO of ARK Invest

Mar 29, 2026
Aged Like Milk November 2023

"Dr. Doom" Said the "Bloodbath Is Likely to Continue" and Warned of Tens of Trillions in Losses. The S&P 500 Then Gained 53% in Two Years.

"This bloodbath is likely to continue. Globally, losses for bondholders and equity investors alike could grow into the tens of trillions of dollars over the next decade."

— Nouriel Roubini, Economist and Professor Emeritus at NYU, nicknamed "Dr. Doom"

Mar 27, 2026
Aged Like Milk November 15, 2022

Shark Tank Star Was Asked If He Would Invest in Sam Bankman-Fried Again. He Said Yes. SBF Got 25 Years in Prison.

"Would you back him? The answer would be yes... He was one of the most brilliant traders in the crypto universe. There is nobody quite like him."

— Kevin O'Leary, Shark Tank Star and Paid FTX Spokesperson

Mar 27, 2026
Aged Like Milk October 2020

Peloton CEO Told His Board the Company Would Be Worth $1 Trillion. His Board Said It Made Him Sound Like an Idiot. Peloton Is Now Worth $1.7 Billion.

"I see this as clear as day: this thing is going to be one of the few $1 trillion companies in 15 years."

— John Foley, CEO and Co-Founder of Peloton, at a Goldman Sachs virtual client event

Mar 26, 2026
Aged Like Milk October 2021

Mark Zuckerberg Renamed His Entire Company for the Metaverse. Four Years and $70 Billion Later, He's Cutting It by 30%.

"The metaverse is the successor to the mobile internet. We are going to be metaverse-first, not Facebook-first."

— Mark Zuckerberg, CEO of Meta (formerly Facebook)

Mar 25, 2026
Aged Like Milk January 2018

Hedge Fund Legend Called Amazon, Netflix, and Tesla a "Bubble Basket" and Shorted Them All. His Fund Lost 34%.

"The biggest losers for the year were our short positions on the bubble basket. Amazon, athenahealth, Netflix, and Tesla appeared priced with little margin for error entering the year."

— David Einhorn, Founder of Greenlight Capital

Mar 24, 2026
Aged Like Milk May 2024

DA Davidson Analyst Predicted Nvidia Would Drop 20% by Year-End. It Rallied 173% Instead.

"Whenever one company extracts this much profit out of the market, competition does come in, and in Nvidia's case, it's coming in from its customers."

— Gil Luria, DA Davidson Analyst

Mar 24, 2026
Aged Like Milk April 1, 2025

BitMEX Founder Said Bitcoin Would "Ascend to $250,000 by Year-End." He Was So Confident He Kept Buying. It Closed at $87,500.

"Bitcoin hit a local low of $76,500 last month, and now we begin the ascent to $250,000 by year-end. I still believe Bitcoin can hit $250,000 by year-end because the Fed will flood the market with..."

— Arthur Hayes, BitMEX Co-Founder and Maelstrom CIO

Mar 20, 2026
Aged Like Milk October 18, 2022

Wall Street Veteran Called the Rally a "Bear Market Trap" and Said Stocks Would Hit the "Puke Point." That Was the Exact Bottom. The S&P 500 Rallied 84%.

"Don't be fooled by this week's stock market rally. It's a bear market rally. Even so, many investors continue to be bullish on stocks, which won't hit true bottom until they reach the puke point."

— Gary Shilling, Founder of A. Gary Shilling & Co., former Merrill Lynch Chief Economist

Mar 20, 2026
Aged Like Milk April 8, 2025

Miller Tabak's Chief Strategist Said S&P 4,000 Was "Not Out of the Question." Three Months Later It Hit All-Time Highs.

"A decline in the S&P 500 in coming months to 4,300 is very possible, and a fall to 4,000 or lower is not out of the question. This is more than tariffs. This is the process of the market falling back..."

— Matthew Maley, Chief Market Strategist at Miller Tabak

Mar 19, 2026
Aged Like Milk June 28, 2024

JPMorgan's "Gandalf" Predicted a 23% Market Crash. Days Later, He Was Fired. The Market Rallied 25% Instead.

"The S&P 500 will plunge to 4,200 by year-end."

— Marko Kolanovic, JPMorgan Chief Market Strategist

Mar 17, 2026
Aged Like Milk February 2019

SoftBank Sold Its Entire Nvidia Stake in 2019 to "Protect" Against Losses. Those Shares Would Be Worth $150 Billion Today.

"We set up a collar strategy to protect ourselves from any severe price drop."

— SoftBank Vision Fund strategy, February 2019

Mar 16, 2026
Aged Like Milk August 2019

Gold Bug Peter Schiff Said Bitcoin Would "Never Hit 50K." It Hit $108,000.

"Bitcoin will never hit 50k."

— Peter Schiff, CEO of Euro Pacific Capital and notorious gold bug

Mar 14, 2026
Aged Like Milk January 2023

"Big Short" Hero Michael Burry Bet $1.6 Billion on a 2023 Crash. The S&P 500 Gained 24%.

"Sell."

— Michael Burry, Scion Asset Management founder, in a cryptic post to his 1.4 million followers on X

Mar 11, 2026
Aged Like Milk July 2022

Maxim Group Analyst Had a $500 Price Target on SVB. The Stock Went to One Cent.

"Here is the chance to buy the most unique/best-positioned bank for 2023 and the longer-term."

— Michael Diana, Maxim Group Analyst

Mar 10, 2026
Aged Like Milk March 2024

Jeremy Grantham Said Stocks Looked "As Poor as Almost Any Other Time in History." The S&P 500 Then Rallied 31%.

"The long-run prospects for the broad US stock market here look as poor as almost any other time in history."

— Jeremy Grantham, Co-founder of GMO, billionaire investor

Mar 09, 2026
Aged Like Milk January 17, 2024

Jamie Dimon Said Bitcoin Was a "Pet Rock" and His "Last Statement" on Crypto. Then His Bank Bought $343 Million of It.

"I call it the pet rock. My last statement – the last time I ever talk on bitcoin – is I defend your right to do bitcoin. My personal advice would be don't get involved."

— Jamie Dimon, CEO of JPMorgan Chase

Mar 09, 2026
Aged Like Milk December 13, 2024

VanEck Predicted a "$180,000 Q1 Peak" for Bitcoin in 2025. It Never Came Close.

"We project Bitcoin to be valued at around $180,000, with Ethereum trading above $6,000. This represents the first peak, expected in Q1."

— Matthew Sigel, Head of Digital Assets Research at VanEck

Mar 08, 2026
Aged Like Milk May 7, 2025

XRP "Time Traveler" Predicted $73,000 With Navy SEALs Guarding His Future Compound. XRP Closed 2025 at $1.85.

"73k XRP is coming. I want you to remember my face. I want you to know who told you what was coming. I want you to know who you should have listened to. I will have Navy SEALs patrolling my property..."

— "Time Traveler" (@Traveler2236), XRP Influencer

Mar 07, 2026
Aged Like Milk July 2024

Wall Street's Most Bearish Strategist Predicted a 32% Crash and S&P 3,750. It Closed at 5,882.

"The consensus soft-landing narrative is wrong. The US will fall into a recession in late 2024 or early 2025. Growth in the rest of the world will also slow sharply."

— Peter Berezin, Chief Global Strategist at BCA Research

Mar 06, 2026
Aged Like Milk 1987

Economist Sold Millions of Books Predicting "The Greatest Depression the World Has Ever Seen" in 1990. The 90s Became the Greatest Bull Market Instead.

"A world depression will start in 1990 and plague the world at least through 1996. It will be the greatest economic depression the world has ever seen."

— Ravi Batra, Economics Professor at Southern Methodist University, in his #1 New York Times Bestseller

Mar 05, 2026
Aged Like Milk April 2025

Elon Musk Said You Could Sleep in Your Tesla by 2025. The Safety Monitor in the Passenger Seat Disagrees.

"The acid test is, can you go to sleep in your car and wake up at your destination and I'm confident that will be available in many cities in the US by the end of this year."

— Elon Musk, CEO of Tesla

Mar 04, 2026
Aged Like Milk December 19, 2010

The "Oracle of Wall Street" Predicted Hundreds of Billions in Municipal Bond Defaults. The Apocalypse Never Came.

"You could see 50 to 100 sizeable defaults, more. This will amount to hundreds of billions of dollars worth of defaults... It will be something to worry about within the next 12 months."

— Meredith Whitney, Financial Analyst, on 60 Minutes

Feb 27, 2026
Aged Like Milk January 2, 2023

"The Big Short" Hero Predicted Recession "By Any Definition" in 2023. The S&P 500 Rallied 24% Instead.

"We are likely to see CPI lower, possibly negative in 2H 2023, and the US in recession by any definition."

— Michael Burry, "The Big Short" investor and founder of Scion Asset Management

Feb 26, 2026
Aged Like Milk January 26, 2025

Rich Dad Predicted "The Biggest Stock Market Crash in History" for February 2025. The S&P 500 Hit an All-Time High Instead.

"In 2014 I published Rich Dad's Prophecy predicting the biggest stock market crash in history. That crash will be in February 2025."

— Robert Kiyosaki, Author of Rich Dad Poor Dad

Feb 26, 2026
Aged Like Milk September 19, 2022

Jim Cramer Called Nvidia "A Loser" and Shorted It. It's Up 1,400% Since Then.

"I am short Nvidia... It's a loser."

— Jim Cramer, CNBC Mad Money host, on Squawk on the Street

Feb 25, 2026
Aged Like Milk October 28, 2021

Zuckerberg Bet $77 Billion on Being "Metaverse-First." Now He's Cutting and Running to AI.

"From now on, we will be metaverse-first, not Facebook-first. Our hope is that within the next decade, the metaverse will reach a billion people, host hundreds of billions of dollars of digital..."

— Mark Zuckerberg, CEO of Meta

Feb 24, 2026
Aged Like Milk November 7, 2012

"Dr. Gloom" Said the S&P Should Drop 50% After Obama's Re-Election. It Rallied 46% Instead.

"I am surprised with the reelection of Mr. Obama. The S&P is only down like 30 points. I would have thought that the market on his reelection should be down at least 50%... I think Mr. Obama is a..."

— Marc Faber, Publisher of "The Gloom, Boom & Doom Report"

Feb 23, 2026
Aged Like Milk November 29, 2024

Tom Lee Predicted $250K Bitcoin by End of 2025. It Closed at $87,500. Now He's Saying the Same Thing for 2026.

"Bitcoin could reach $250,000 within the next 12 months. Current conditions make it highly probable."

— Tom Lee, Co-founder of Fundstrat Global Advisors

Feb 23, 2026
Aged Like Milk August 28, 2024

Rosenblatt Called Super Micro Computer a "$1,300 Stock" While Dismissing Fraud Allegations. It's Now $33.

"The 25% correction seems over the top when considering the Hindenburg dynamic as old news or inaccurate."

— Hans Mosesmann, Senior Analyst at Rosenblatt Securities

Feb 22, 2026
Aged Like Milk June 5, 2024

Rich Dad Said Bitcoin $350K by August 2024. It Was $59K Instead.

"BITCOIN will be $350,000 by August 25, 2024 is not a lie. It's a prediction. It's speculation, it's an opinion, but it's not a lie. It's suckers bait, but it's not a lie because any prediction about..."

— Robert Kiyosaki, Rich Dad Poor Dad author

Feb 22, 2026
Aged Like Milk February 26, 2018

Dennis Gartman Avoided Amazon Because He Couldn't Drop It on His Foot. He Missed a 170% Gain.

"I want to own things that if I drop them on my foot it can hurt. Software can't hurt. I don't understand it."

— Dennis Gartman, Editor of The Gartman Letter, on CNBC

Feb 21, 2026
Aged Like Milk July 30, 2004

Hedge Fund Manager Chose McDonald's Over Google. One Is Worth 16x More Than the Other.

"I believe that it is virtually certain that Google's stock will be highly disappointing to investors foolish enough to participate in its overhyped offering — you can hold me to that."

— Whitney Tilson, Hedge Fund Manager and Value Investing Expert

Feb 21, 2026
Aged Like Milk July 2024

Wall Street's Most Bearish Strategist Predicted S&P 3,750. It's at 6,836.

"The consensus soft-landing narrative is wrong. The US will fall into a recession in late 2024 or early 2025. The S&P 500 will plunge 32% to 3,750."

— Peter Berezin, Chief Global Strategist at BCA Research

Feb 17, 2026
Aged Like Milk June 12, 2020

"Dr. Doom" Called the Stock Market "Deluding Itself." The Market Then Rallied 55%.

"The stock market is deluding itself. Investors are betting that there will be further economic stimulus packages and a V-shaped recovery of profits. But for the people here in the U.S., that means..."

— Nouriel Roubini, NYU Economics Professor and CEO of Roubini Macro Associates, known as "Dr. Doom"

Feb 16, 2026
Aged Like Milk December 7, 2024

"Palantir Will Fall Hard in 2025" — It Rose 135% Instead

"I think there's a very high likelihood that Palantir's stock will crash sometime in 2025. There is just too much growth baked into the stock... Investors will eventually decide to take profits en..."

— Keithen Drury, Motley Fool Analyst

Feb 15, 2026
Aged Like Milk September 2011

Harry Dent Predicted 'Dow 3,000' in 2011. The Dow Is Now 43,000.

"The Dow will fall by at least 50% and possibly as much as 75% to our best targets of 3,000 to 3,800... For aggressive investors and traders, shorting US stocks could be very profitable."

— Harry Dent, Author and Economist

Feb 14, 2026
Aged Like Milk September 2023

David Rosenberg Said Avoiding Recession Would Be a "Miracle." The Miracle Happened.

"I think that if we escape this little recession, it will be a miracle. I am willing to give it about six months."

— David Rosenberg, President of Rosenberg Research & Associates

Feb 13, 2026
Aged Like Milk January 2022

Jeremy Grantham's "Superbubble" That Refused to Pop

"The current superbubble features an economy that is in danger of a housing bubble and inflation surprise in addition to severe asset overpricing. What is certain is that we are deep into bubble..."

— Jeremy Grantham, Co-founder of GMO, legendary value investor

Feb 12, 2026
Aged Like Milk June 2024

JPMorgan's "Gandalf" Predicted a 23% Crash. The Market Rallied 23% Instead.

"The S&P 500 will plunge to 4,200 by the end of this year."

— Marko Kolanovic, JPMorgan Chief Market Strategist

Feb 09, 2026
Aged Like Milk 2017-09-12

Jamie Dimon Called Bitcoin "A Fraud" at $4,000. Whoops.

"Bitcoin is a fraud. It's worse than tulip bulbs. It won't end well... someone is going to get killed. It's just not a real thing, eventually it will be closed."

— Jamie Dimon, CEO of JPMorgan Chase

Dec 14, 2024
Aged Like Milk 2000-06-15

Amazon Was "Not Going to Be a Profitable Company"

"Amazon.com is not going to be a profitable company. The valuation is insane. This is a company that will eventually go to zero."

— Henry Blodget, Wall Street Analyst (ironically later bullish)

Dec 10, 2024
Aged Like Milk 2019-05-01

"Tesla Will Go Bankrupt Within Months"

"Tesla is on the verge of bankruptcy. The company is burning through cash, demand is falling, and they'll be out of business within 6-12 months."

— Various Analysts & Short Sellers, including prominent bears

Dec 08, 2024
Aged Like Milk 2021-10-01

Ken Griffin Said Crypto "Has No Value." Then Built Crypto Infrastructure.

"Cryptocurrencies are a jihadist call against the U.S. dollar. They have no inherent value. I wish all these crypto-people the best of luck — I just think they're wrong."

— Ken Griffin, Citadel Founder & CEO

Dec 07, 2024
Aged Like Milk 2004-08-19

"Google Is Not a Real Company. It's a House of Cards."

"Google is not a real company. It's a house of cards. The search business is not a sustainable model, and they'll be overtaken within five years."

— Various Tech & Media Analysts, circa 2004-2005

Dec 06, 2024
Aged Like Milk 2016-01-06

"Sell Apple" — The Advice That Kept Costing People Millions

"Apple is overvalued and due for a major correction. The iPhone growth story is over. Sell and take profits."

— Multiple Wall Street Analysts (recurring theme, 2013-2016)

Dec 02, 2024