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#4: Bill Fleckenstein on Central Banks, Financial Bubbles and White Burgundy

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Most Common Misconception About Bill Fleckenstein

Bill Fleckenstein: I was rooting for the world to end so we could fix bad policies. He says he doesn't like being called a permabear because it implies that you're not willing to take losses on stocks even though they might be going up. "If I don't believe it and it goes like an eighth against me, I'll out," said Fleckenstein.

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