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#9: Mark Yusko on Gut Instinct (and Why His Says We're Headed for a Crash)
Superinvestors and the Art of Worldly Wisdom
The Parallels to the Rise of Investment Trusts
In the late 20s, there were all kinds of investment trusts created. In fact, they created so many trusts, there are more trusts than stocks in the market today. The key is the investment trusts were exactly the same thing as ETFs and index funds today. And then on top of it, they were levered, and that's exactly what's happening in the market right now.
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