Nerf Herder
Wheel size expert
Without arguing right or wrong as in the end it’s all interpretation and degrees of confidence. So I hear ya re gloomy outlook.
That said, have you just described what every downturn feels like at the very beginning ... To a good chunk of the populace? What would the 1% do?
Buy in DOOM ... sell in BOOM ...
The other adage I like is “... when the mums and dads are jumping in [or out] do the opposite ...”
The George Costanza school of investment is otherwise known as Contrarianism.
believe me it takes a lot of conviction to follow through ... particularly if your wife is the exact polar opposite and a house or warehouse is a lot harder to hide then a new Rascal
That said, have you just described what every downturn feels like at the very beginning ... To a good chunk of the populace? What would the 1% do?
Buy in DOOM ... sell in BOOM ...
The other adage I like is “... when the mums and dads are jumping in [or out] do the opposite ...”
The George Costanza school of investment is otherwise known as Contrarianism.
believe me it takes a lot of conviction to follow through ... particularly if your wife is the exact polar opposite and a house or warehouse is a lot harder to hide then a new Rascal