Mohacsy's Safe Portfolio Member Forum

[santafe2]

Two ideas Nick. We have no serious intention of stopping global warming and the pain will grow slowly enough that almost everyone will simply get used to the "new normal". There is an earth caused tipping point but it's likely 100-200 years out. We're boiling a frog in a pot.

My best investing lesson came in the late '90s when I was sure the idiotic dot-com market would crash. It did of course but I missed some of the best investing years. I try not to do that any longer. Here's the basic thesis that's worked for me: Investors are human and algos are developed by humans. Most humans are not very smart. Let them play their hand.

We live in interesting times and it's going to get more interesting over time.