
The Current Financial Thing
"Age of Miracles"
00:00
Investing in Venture Capital During a Bear Market
This bear market, a pull back of more than 20 %, seems to be a lot more one sided. The general bear certainty feels like the kind of signal that medallion would feed on. Large groups of people all agreeing about something as complex and dynamic as the market are almost always wrong. Getting too bullish is the manic behaviour. Being too bearish is just being overly cautious. And actually, thar's a fun fact here. According to historian peter garber, dutch tulips exhibited normal pricing behavior. But the meamamciers read mackay, or maybe many young financiers have won out because fear is so powerful. Roughly, bullish equals irresponsible
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