4 ms·
To wit: "The market can remain irrational longer than you can remain solvent" Or in another case, there's a political scientist, whose name I don't currently r
by philipov 3y ago
To wit: "The market can remain irrational longer than you can remain solvent"
Or in another case, there's a political scientist, whose name I don't currently remember, who's made fun of for predicting 9 out of the last 5 recessions. Sure, he may have predicted the ones that happened, but a broken clock is also right twice a day. Your predictions aren't worth much if you can't avoid false positives.
EDIT: [https://quoteinvestigator.com/2023/11/01/predict-nine/ https://quoteinvestigator.com/2023/11/01/predict-nine/]