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Financial Nihilism, or Market Nihilism?
Leu: Financial nihilism is an investing philosophy that views the objects of speculation as though they were intrinsically worthless. If value exceeds price, in other words, if something is undervalued, then you want to be invested. But we're living through a period where you have to understand that,. i think, in order to invest, and then your personal beliefs theyre do you? Leu: We are in a phase now where people's confidence in that type of model has been dramatically shaken.