In the words of Keynes, "The market can stay irrational longer than you can stay solvent.”
replyA crash (or at least notable correction) is coming but I sure as hell couldn’t time when.
Yeah, and also the similar quote that being early is just as bad as being wrong.
replyCould be worse when near term cash is paying 5% and TIPS are paying 2.5-3%.
replyAs they say, when you’ve won the game, it’s best to stop playing.
A failed anthropic IPO could be a trigger, a lot is riding on the imaginary valuations of anthropic and openai.
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