3min chapter

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Lily Francus and Jesse Livermore — Understanding Financial Bubbles (EP.91)

Infinite Loops

CHAPTER

Is There a Lever in the Market?

If everybody agrees on a fundamental value, there really should never be any misplacing. It is interesting that as we enter these bubble periods, that they are to n by this idea of continuous exchange. But when you get to the class of companies or class of assets that have such ambiguity in their true value attached, it's really hard to exit.

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