Rick Bookstaber, Fabric – Risk Is The Other Side Of The Coin From Opportunity | #363
The Meb Faber Show - Better Investing
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Market Capated Stocks - What Intarnation?
We have a penned twitter thread that gives a nod to my southern mam and grandma, where it's called what intarnation? And it's just a bunch of charts demonstrating some of the weirdness going on, particularly in us. Market capated stocks, a lot of the co inherited sort of indicators. But all three of those in particular have a huge overlap and correlation. They look like the same chart. So sentiment, valuation, % and equities. In the reason being is cason aggregate, people just own more stocks the more they go up. The problem is that's backwards, probably, of what it should be. People get excited when they've made money, not
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