2 ms·
Historically he's right and these great liquidity windows move in a sin wave. But it's also true that sometimes the new normal is 10x+ the previous normal, aft
by breck 6y ago
Historically he's right and these great liquidity windows move in a sin wave.
But it's also true that sometimes the new normal is 10x+ the previous normal, after seismic breakthroughs in technology.
Are we about to see a crash or are we in the early innings of one of the greatest bull markets in history? I'm not sure. I can see arguments for both (the arguments for the latter being this: https://twitter.com/breckyunits/status/1360283046147067907/photo/1 https://twitter.com/breckyunits/status/1360283046147067907/p..., as well as new digital currencies, and the booming space, self driving, green power, tunnel boring and wearable industries). If you believe someday humans will be an intergalactic species then we're still a lot closer to 0.1% than we are to 100%.