Behind the Memo: Bull Market Rhymes
The Memo by Howard Marks
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Bull Market Psychology
Part of a bull market is the idea that good times will beget more good times. We can never predict when a bull market's going to end. The higher it goes, everything else being equal, the sooner it will stop rising. So any final thoughts on your most recent memo? Fordarning: I think tat this is an important quotation that i would urge all my readers to read and re read and think about.
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