027: Jack Schwager – Key Lessons Learned From Many of the Worlds Greatest Traders (aka Market Wizards)
Chat With Traders
No One Was Worse Than Country Wine
If you tell me the market price is right, you got to be just blind. As long as a housing bubble goes on, prices are going up. And no matter how incapable people are of paying back a mortgage to give the mortgage to, as long as the marke,. as housing prices go up more than they have to pay back, it kind of sort of self sustains. Yet, yet, if that stops,younow company like country rides got to tan up a whole bunch of trouble. The collapse of stock due as delinquencies went up double, from five to ten %. It actually went up to a new recket high. About a month after the recket high
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