You were sold the lie.
Diversification is surrender.
It dilutes conviction until nothing moves the needle.
The heretics who built wealth made one brutal bet on a monster and defended it for decades while the crowd called them fools.
Comfort builds mediocrity.
The heretics finally have their book:
https://t.co/XXOxCBj3SN
@Ricardo_Celini Just bought this book and began reading it - absolutely fantastic! Every page resonates like a hit of a brass gong. If you have any recommendations for other readings, please forward them!
@rohanpaul_ai The barrier to entry to make movies is about to drop like a stone. Finally there can be some competition with the slop studios are producing today.
@TrollinNYC@Barchart And he was right. Starting in 2022 the S&P market dropped 25% over the next 9 months into a bear market before the AI hype cycle started in late 2022 when ChatGPT was released.
@TrollinNYC@Barchart He’s been long the whole time you fool. He doesn’t predict anything, he just observes that valuations are historically elevated and they will revert to the mean. That is an observation not a prediction.