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#996 Jamie Catherwood On Using History To Understand The Market Today

The Pomp Podcast

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Speculators and Counter-Trading

Churchill was a terrible speculator, and there's evidence of him going broke. But just because you're an expert in one domain does not mean that you can just translate that to other areas. That kind of stuff happens all the time. One of my favorite examples is when the amsterdam stock exchange open um, which was the first, like, modern stock exchange in the world. And then he would do the opposite and benefit from those people bitting up or bidding or selling down the price of that stock,. uh, in his favor.

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