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Never Buy New Lows, Never Short New Highs

The Compound and Friends

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Market Trends and Historical Insights

This chapter analyzes current trends in the S&P 500, focusing on bullish behaviors and comparing them to historical market bottoms. It discusses the implications of volatility, inflation, and geopolitical events on market performance, as well as examining the role of corporate buybacks and sector weightings. The conversation emphasizes the complexities of making predictions in today's economic landscape, especially concerning the automotive industry's evolution and the strategies of manufacturers like Tesla, Ford, and GM.

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