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To quote taleb (https://twitter.com/nntaleb/status/1533067876671885312 https://twitter.com/nntaleb/status/1533067876671885312): "...while I've seen gluts not f
by BiteCode_dev 4y ago
To quote taleb (https://twitter.com/nntaleb/status/1533067876671885312 https://twitter.com/nntaleb/status/1533067876671885312):
"...while I've seen gluts not followed by squeezes, I've never seen a squeeze not followed by a glut."
- ReptileMan 4y agoProbably was even true for whale oil when people moved to kerosene out of price and availability. It was because nobody was buying, but still a glut.