u/UsernameIWontRegret

The author states long-term investors are buying because they believe current geopolitical events will not matter in 5+ years, citing the 2022 Russia-Ukraine war bear market as a precedent that ultimately did not prevent a 47%+ rally. This suggests the current dip is a buying opportunity for long-term investors, as the market is forward-looking and discounts short-term crises. The core argument is that any sell-off based on the "Iran fiasco" is irrational for long-term capital, making broad market exposure attractive. The event could escalate with longer-term economic consequences (e.g., sustained oil shock); other macro factors like persistent inflation and Fed policy could dominate the 1-2 year horizon, as noted in comments.