Read? Winning The Loser's Game (3)
After 23 years across market cycles; it is still the same old Game of Capital of trying to win the Loser's Game and still not much better in winning this Loser's Game on based on Win$/Loss$ ratio! Sianz!
Read? Winning The Loser's Game (3)
After 23 years across market cycles; it is still the same old Game of Capital of trying to win the Loser's Game and still not much better in winning this Loser's Game on based on Win$/Loss$ ratio! Sianz!
Uncle8888,
ReplyDeleteYour recent 1.6 ratio only bear-bull-bear, haven't completed the cycles yet. Wait until after bear-bull-bear-bull :)
Last June 2021, the notes accompanying the 8th edition of the Winning The Losers Game book mentioned the below 2 things:
1) "chapter on longer duration bonds ... and the conclusion is that they're bad for long-term holding at current prices"
Chart of long duration US govt bonds
2) "may need to focus on companies/things which are not mainstream & certainly not in the news or covered by 20 bank/broker analysts"
ARK etf ... which has been the epitome of popular stocks
It’s interesting to observe some of the characters in this watering hole. 日久见人心. The fun continues!
ReplyDeleteHello CW!
ReplyDelete2 months away so first things first!
Must pay my respect to your watering hole :)
Give me some time. Engine not warmed up yet...
Once back to full strength, I'll come poking with full vigor!
Many more readers are waiting for you to come back! :-)
Delete