This Is a Hitchcock Horror
The Compound and Friends
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Is the VIX a Good Buy?
If you buy while the market is down a year later, you're rewarded and that this signal should not be looked at as, hey, look, we bottomed. I'm surprised that we haven't seen a VIX print north of 40 given all the stuff that's going on this year. The way I think about the VIX is kind of like there's two kinds of horror movies. There's a Hitchcock kind of horror movie where you're nervous for an hour and a half because the attention just stays high. And then there'slike a teenage slasher movie where you just have like, yeah, you jump and scream. So again, this happens near or around the bottom,
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