Hi, mooers! We recently found out that a mooer, The Boxing Ring, is presenting interesting investment ideas every day. For example, his discussion on time-traveling got our attention. We are surprised about the events it holds and would love to support the events.
Thus, we are very excited to invite you to join the discussion and claim big rewards!
Before we start, let us give you a "spoiler": There will be 5 winners per weekday and 20 winners every weekend, that is, 45 winners every week. Since The Boxing Ring posts every day, I'm sure that you will have a chance to win the rewards!
How to join this event?
Step 1: Follow 'The Boxing Ring'.
Step 2: Join the latest discussion and comment on the posts to express your thoughts.
Every day, The Boxing Ring will present you with new trading ideas.
Special hints for you
We choose the top 2 'liked' comments and top 3 'insightful' comments to be the day-winners. Please feel free to discuss your trading ideas with other mooers!
You can either make the most insightful comment or win other people's attention to get more 'likes'.
Rewards:
288 moomoo points/person. Limited 1 entry per user per week.
Moomoo will announce last week's winners every Friday.
The first event starts next Monday (Sept 27).
Now, follow The Boxing Ring to join the events!

Debt is the causes hyperinflation and is the reason currencies fail. The structure of government has taught its societies the worse money structure possible. In the US it all started because of the Great Depression. It has been downhill ever since giving the people the idea debt is ok because you can just kick the can down the road further. The Generation that runs out of road is going to be in for a big wake up call because it’s going to a time when the most drastic of changes will be experienced. Very few take responsibility for their debt and instead of blaming themselves for bad choices, its society’s fault or the circumstances I was born into. Society has the “Its owed to me” complex when it’s really you’re a freeloader characteristic. You enjoyed the goods or the services so pay for them. Not paying your debt is stealing the most precious thing from someone- their Time. So remember stay away from debt or you may end up on the pole. ...

Buffett Indicator is the percentage of the total market cap relative to the US GDP. According to Warren Buffett, such an indicator is probably the best single measure of where valuations stand at any given moment.
How does the Buffett Indicator work?
In 2001, Warren Buffett said 75% to 90% are reasonable; over 120% suggests the stock market is overvalued.
As of Aug 28 2021, the Total Market Index is at US$ 46.88 trillion, about 206% of the US GDP, signaling the market is heavily overvalued.
Did Buffett Indicator work well?
Let's see the historical chart of the Buffett Indicator. The ratio reached 140% in 2000, portending the dot-com bubble which eventually burst. The NASDAQ fell by 75% from March 2000 to October 2002.
The ratio also reached 155% in Feb 2020, followed by the pandemic crash that caused the S&P500 Index to drop from 3393 to 2192, a 35% correction. However, stock market quickly bounced, doubling from the dip.
And when the ratio breaks 200%, we are witnessing history undoubtedly.
Will this time be different? 
With interest rates at historic lows, there is a voice in the market that "this time is different". 
Cathie Wood said: GDP statistics evolved during the Industrial Age and do not seem to be keeping up with the digital age. Thanks to productivity, real GDP growth probably is higher and inflation lower than reported, suggesting that the quality of earnings has increased significantly.
Overall, if the stock market is a game, you have to stay in the game before you beat the game. The Buffett Indicator can be a tool to relocate where we are in the stock market. It's never too late to do our due diligence and control the risk to gain a long-term return. 
Do you think the Buffett Indicator is useful? Should we pay close attention or just ignore it? What should we do in response to such an indicator? 
Rewards:
Click "Enter Now" to post before Sep 3, and based on the quality and originality,
5 mooers will win 2,000 points
10 mooers will win 1,000 points
Don't forget to click "Enter Now" to win!