2min chapter

The Compound and Friends cover image

Somebody's gonna be wrong

The Compound and Friends

CHAPTER

How to Price in Less Bad Than Expected

S&P 500 has best, and I never saw this before, best pre-earning season, performance is 2009. So it seems to me that whatever less bad- Hold on. S&P is one month return before earnings season. And it's the best we've had since up 6% ish. The other thing is this could just end up being a really, really long cycle that takes a while to reset the business cycle.

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