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Brandt
RE: It’s coming

Ghost of Igloi wrote:

“Investors, drunk on the elixir of free money, think the good times will roll on forever. And even if they are cautious, a few quarters of underperformance usually invites either capitulation or being fired. With few exceptions, being too early with a bear call is usually a career ending decision. Better to stay in the crowd, remain fully invested and go over the cliff with the herd.”

Albert Edwards, Soc Gen, August 2018


This has got to be one of the dumbest things I’ve read in quite some time. This guy is an idiot. No one thinks the “good times will roll on forever.”

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