🪣 A correction, not a crisis
optimisticallie.com
🪣 A correction, not a crisis
The trajectory of very recent history often tells a distorted story. Making this even harder, in the short-term, assuming an accelerating growth rate might make you look silly or lose money. The progression isn’t smooth. A period of rapid growth might give way to a period of slower growth. Progress happens in S-Curves -- similar to the Gartner Hype... See more
notboring.co • Compounding Crazy
During those terrible days after 9/11, when the whole country was being whipsawed by emotion, or the weeks between September 19 and October 10, 2008, when the Dow fell 3,600 points, there were times I felt like hugging our computers. They kept their cool no matter what.
Ray Dalio • Principles: Life and Work
If the Fed jacks up interest rates, growth assets could tank short-term. Ham-fisted crypto regulation is a legitimate concern. Markets never go straight up. Even though global equities and the Nasdaq have compounded at a roughly 10.5% CAGR and ended up and to the right, there were a lot of bumps along the way. Please don’t mortgage your house and Y... See more