#48: Jim Stack On Charting A Course Through Stock Market Rapids
Superinvestors and the Art of Worldly Wisdom
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The Importance of Managing Risk
Jim Boulden: The 73-74 bear market really kind of hit you upside the head and made you appreciate risk. It inspired you to look at the markets on a deeper level, he says. In 1998, this was at the height of the tech bubble; it's never identified with certainty until aftermath. He says that for those inside the bubble, it's invisible to them. And don't try to get in an argument because you're going to lose,. "You're wrong until it unwinds"
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