#15: Peter Atwater: Welcome To The ’Backlash Era’
Superinvestors and the Art of Worldly Wisdom
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The Cycle of Price and Confidence
From an investment standpoint, would you say that prices cycle with those? So peaks and price are usually correlated to peaks and confidence. And I see price as a barometer of mood. It's not that mood causes price to rise, it's not that price causes mood to rise,. Price measures mood so that they are absolutely in sync all the time.
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