The Market Is Not Smart Enough to Tell Us What to Do

I don't think the market is right all or most of the time. And i think we absolty should not take our direction from the market. There are people who get rich buying the stocks that go down ast but it doesn't work all the time, in both directions. Just because five other people refuse to stand in the path of an oncoming semi truck doesn't mean you should so it's not that contrarionism always works. The herd is always wrong. But i think that it's a good starting point, that when the herd unanimously or semi unaniously holds a certain position, you can game against it. I wouldn't say they're precient in predicting