Thursday, December 16, 2021 6:15:44 PM
Think of me what you want
But I wasn't wrong, and beat almost everyone to the obvious call now.
Do you want to know what the market making range will be for a day.
Or did you want to know to avoid the stocks down 50% already?
It may have seemed cynical a year ago. Makes a lot more sense now.
The only thing you can control is what you pay for something...and that number will always matter.
CNBC telling you to sell high flyers now...after most are holding ginormous bags.
It's already too late to lock in gains. Now it is time to decide when the pain is enough.
"Forecasts" were all wrong.
And I'm pretty sure I'm right about rate hikes too. Public outcry will get defeaning...and J POW will be forced to jam on the brakes and crush growth stocks.
Typical housing appreciation is about the rate of inflation historically. Housing up 20% in a year. Which is probably close to what real inflation is...which means assets have to come down roughly 17% to revert to the historical mean...or pay up 17%. I don't see pay going up 17%.
Stay nimble.
But I wasn't wrong, and beat almost everyone to the obvious call now.
Do you want to know what the market making range will be for a day.
Or did you want to know to avoid the stocks down 50% already?
It may have seemed cynical a year ago. Makes a lot more sense now.
The only thing you can control is what you pay for something...and that number will always matter.
CNBC telling you to sell high flyers now...after most are holding ginormous bags.
It's already too late to lock in gains. Now it is time to decide when the pain is enough.
"Forecasts" were all wrong.
And I'm pretty sure I'm right about rate hikes too. Public outcry will get defeaning...and J POW will be forced to jam on the brakes and crush growth stocks.
Typical housing appreciation is about the rate of inflation historically. Housing up 20% in a year. Which is probably close to what real inflation is...which means assets have to come down roughly 17% to revert to the historical mean...or pay up 17%. I don't see pay going up 17%.
Stay nimble.
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