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George Noble: A 20-50% Market Crash Is Coming
Forward Guidance
The Market Prep Hasn't Been That Good in the Last 10 Years
In a liquidity-driven bull market, there's been a lot of large capital stocks that have just killed it. There are times though when they underperform the market, a greater proportion of the market than others. It kind of reminds me of the Japanese market when Japan went from 20% of the EFA to 66%. So know what you own, just chasing a narrative and hugging the index, I think those days are over.
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