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#44: Julian Brigden On The Fed's 'Impossible Trinity'

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Risk Management of Institutional Money

A lot of institutions see retail going after something and now they're doing it algorithmically. They know once it's broken, it's not coming back. I sat cringing when you heard some of the, you know, someone like Stanley Drucker Miller is really a straight up guy. You know, as are most of these guys. It seems to me that there's a great George Soros quote where he talks about bubbles and about when a bubble's forming, he rushes in to buy throwing fuel on the fire.

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