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Where is the Crash?
The Compound and Friends
The Nature of Surprises
The sentiment right now is nervous, but kind of holding everything seems to be OK. What we haven't seen is sort of a panic. We saw a panic in the banks. Like the banks just was a panic. But if you think about it feeling like sort of a fragile world, I think that what we're forgetting is the nature of surprises. Nobody predicted Ukraine, nobody predicted COVID, nobody, these things can happen.
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