Episode #73: Market Wizard Jason Shapiro is BACK!- 2021 a market like we've never seen
Confessions Of A Market Maker
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The Discounting Mechanism Is the Most Impossible Thing
Risk management portfolio management is all about preparing for the fact that you may actually not be the greatest forecaster of the future in the history of America. No one knows. It doesn't come what's gonna happen in 10 seconds. Same thing with the market. You know what I mean like if you think you're going to guess the future that's being discounted already in the market. And so when you market it's the most impossible thing because it's a discounting mechanism right now.
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