I'm Not Offering Investment Advice Here

Adam Sobel: We are stic thinkers living in a probablistic world. One of my first clients was this salt of the earthman who had made his fortune in gold and he's probably 75 at the time, so i want to take it through with him. He says we have an market that is 50/50 asymmetric - if half people are long markets and half want to sell, all markets are going to go down. And when you think about it, as I did, imagine a world where it doesn't exist for sure because Tetla isn't up in his penus shaped building. That's how much risk investors should be willing to put into their portfolios.