Some basics of investments that pass the 'reality check'
- A $ today is worth more than a $ tomorrow (Time Value of Money)
- Buy low sell high - easier said than done (Valuation Methodologies and
Arbitrage)
- There is no free lunch (Risk-Return Mapping)
- They say 'greed and fear' drive the markets - we say there is only fear -
the fear of losing and the bigger fear of missing out
- Bottoming is a process, not an event.
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