#61: Peter Berezin On Finding The Courage To Be A Contrarian
Superinvestors and the Art of Worldly Wisdom
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The Hidden Risks of the Bond Market: A Jaws Metaphor
This chapter delves into the precarious state of the bond market, comparing it to a lurking shark from 'Jaws'. It highlights the risks posed by budget deficits and high debt levels, particularly in the U.S., and stresses the need for vigilance in monitoring fiscal policies and long-term bond yields for potential threats to economic stability.
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