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How to Predict the Future of the Stock Market
Markets are a function of human behavior. I believe that human behavior has these flash points that is normally quite reasonable. And then once in a blue moon, circumstances conspire together into an irrational fever. People buy stocks without any regard to the fundamentals because they think someone else may pay more. These are pretty rare events. And we've had three, and they have some unique characteristics in common with each other and in common with nothing else. And now we're in number four. That impresses the pants off me,. The fourth one is so similar to the other three and the outcomes from the other three so unique and interesting that I am willing to bet that this one is going to be