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The Narrative Is Reality
Adam Sobel: I want to set the tone for our listeners with a juxtaposition that I think is sort of fun. And it begins with a blog post you wrote titled The Narrative Is Reality. Now Don here refers to Don Cox who was a very prominent strategist in the early 2000s, particularly around the commodity and emerging market super cycle narrative. He says he had never heard of the stock market; his parents were in the medical field and had no interest in markets. Sobel: In university, I was living with four housemates and three of their parents gave me a couple thousand bucks to invest using my bulletin board method and small mining stocks.