Tuesday, July 14, 2020 9:16:44 AM
I am also not sanguine about the risks with SCOTUS. Christian Herzeca (Rule of Law Guy) has been very poor at predicting what judges will do when you look at his track record. There is a reason no one like to go to trial. And I have lost faith in the competence, and sanity, of the Trump administration -- after a loss in the Presidential election what will they do? I am not sure I want to bet on that.
I can see your leeryness of market timing -- maybe the market stays crazy? I happen to think this looks a lot like the market behavior of the Great Depression. Wide retail investor participation, wild rips higher -- then wild, margin call fuelled, rips lower against the background of a grim economy...
I am keeping 40% invested in names I like that I bought at good prices I bought in March/April. I am all cash for the rest.
GL my friend, I will stop by here for your insightful and reasoned analysis to keep track of FnF, but I am off to pastures new -- Rolls Royce has multi-bagger potential with lots of stress but on issues I can research -- nothing like FnF lol
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