It’s been like a surreal sense of déjà vu as conversations I’ve had over the last couple months keep bringing up similar themes.
The market, increasingly indistinguishable from a petulant, impulsive, and near sighted toddler, rewards intelligence, risk management, and logic with a swift kick in the nuts. The advantage to those who manage their own money (likely you) slants increasingly towards vertical.
Article by Capitalist Exploits