Re:Minsky moment
by eanzenberg on Friday March 06, 2020 @02:13PM
(#22506339)
If you predict a recession every year you will eventually be right
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And on the flip side - just because the bubble doesn't pop this year doesn't mean your assessment of the fundamentals is wrong. The market can stay irrational for a longer time than you can remain solvent.
Credit where credit is due:
"Markets can remain irrational a lot longer than you and I can remain solvent."
-A. Gary Shilling