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#462 - Nick Maggiulli - The Best Way To Build Your Personal Wealth
Modern Wisdom
Stocks, You're Long on Stocks?
i think equities are only 70 % of what i own, right? In total, you now, the rest is bonds andd i do own some crypto and some art. Any others, there's obvious be toe tipes of perverse actor, some peple to do it for the fun there. Theyre relly momentum traders. That's what they're doing. There's falling momentum. And that's fine, that's that's a strategy that's worked. But it's really tough, because when it turn against you, it turns against you really badly. It's very difficult to do, especially over the long, long run. I don't recommend that people go out
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