Thanks for the link to "Fear/Greed Index". This is something I was not aware of previously. I added it to my favorites. Guess I'm with the crowd as fear seems to be increasing since the last greed peak. Not sure how predictive this index is though since it seems to swing "wildly" between the two extremes. It would be nice to see a plot of that chart vs the DJI or SPX.
Anyway, hopefully your last statement regarding PIOE will hold true, just in case there happens to be a big drop in the market. (Btw, imo if the market drops significantly, then presumably RCP's fund valuations will also drop, meaning their AUM will drop as well. I believe that is a true statement? However, that's nothing a long-term holder should worry about, he said nervously! LOL)
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