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The LTCM's Prediction of the Next Panic
Former LTCM Council sees we are on borrowed time. The 2008 panic was foretold by 1998's events. Disturbingly, the next panic is now foretold by both 1998 and 2008. Trend following offers everyone an answer in uncertain times. I see a time when those awake will understand how to make money up, down and surprise markets. If you want to buy and hold, trust the government and trust Wall Street. This is absolutely not for you.