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Stocks Say ‘Everything Is Awesome!’ While Bonds Sneak Out the Back Door

Peak Prosperity

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Lessons from 2008: Investment Impulses and Market Realities

This chapter reflects on a 2008 client experience with hasty real estate investments that ended in losses, highlighting psychological biases like hindsight and recency. It emphasizes the necessity of strategic thinking in investing and critiques the profit-driven nature of the pharmaceutical industry while advocating for consumer-focused changes.

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