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Investor Confidence Is Fast Approaching 'Invulnerable Extremes': Peter Atwater

The Contrarian Investor Podcast

CHAPTER

The Importance of Waiting for Exhaustion

You know, markets can stay irrational longer than you can stay solvent. What we're looking for are elements of exhaustion, capitulation, absolute panic at the bottom and extraordinary euphoria. And so what you're looking for is this rocket like or precipice like line to suggest that all that are coming in have thrived.

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