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#17: Kiril Sokoloff on Identifying the Next Big Thing
Superinvestors and the Art of Worldly Wisdom
The History of Cycles
In 1991, the Peng Seng index had crashed because of Chinaman Square. I was selling at a China discount when I thought it was a solid China premium. It was one of the great opportunities you'll ever see in your lifetime. We were last year at Leggenfincher Straits, so 18 trillion. Hardly could be believed 35 years ago. The pure history of cycles. You go from one extreme to the other. Here we are.
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