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Catch a Falling Knife

The Compound and Friends

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The Biggest Thing You Learned From 2022

The most unsatisfying version of that is a year of chop, where we go nowhere. Because everyone's a passive investor now, and they want that index up. That's why it's not enough to have some stocks up. You could be in a range for a while. Maybe we don't go to new lows or new highs. We just sit in a range. One of the things I've wondered too, is when you look at the market participants now, they've only known chaos.

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