Buckle up, this could be a bumpy ride.
“It’s the way their brains are hard-wired, and it works for them, as a species. So I pretend that chickens aren’t evil and I’m not complicit. Because I really like the eggs.”
“What do you mean, ‘we,’ Kemo Sabe?”
Follow the red line…
Ok, look: if you’re still hungover from a combination of turkey, greasy mashed potatoes, and copious amounts of not-quite-top-shelf red wine, it’s time to snap out of it because last week is melting into this week as tends to happen historically on Sundays.
Obviously, nothing could go wrong here.
“Yet, we would argue that the mere fact that investors fail to spot trouble in a single sector should not be grounds for comfort: the reason why no single sector stands out may be that all the sectors are mispriced.”
“Today’s post is an important one. I might have put Grandma in the trunk, but the coming struggle between generations is no laughing matter. It very well might end up being the defining theme for financial markets in coming decades.”
Please return to market if found.
The air up here is thin.
Does that ring a bell? It should.
“It has become progressively difficult to say something new.”
You people are an irrational bunch and you always have been.
“This is the big one, Elizabeth!”
So what do you do? There are no “good” answers.