#44: Julian Brigden On The Fed’s ’Impossible Trinity’
Superinvestors and the Art of Worldly Wisdom
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The Parabolic Move
The parabolic move really does go. It's going to be the jet fighter and I use this analogy all the time. The catching that zenith is really, really high. You could sense that something's not right, but it's very high. When it failed there, you were done. Because you've transferred from greed, which fueled all of that parabolic mania to fear. And fear trades very, very differently.
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