Submitted by QTR's Fringe Finance
Over the last year or two, I’ve really tried to take a holistic approach to markets and consider the unconscionable idea that I may not be right about everything all the time.
I know—beyond unfathomable to even consider, right?
Trust me, it took me many hours at the Ashram to even consider it.
But in all seriousness, I have really tried to make room in my head for the ideas that (1) I could be wrong about the market eventually crashing and instead we could melt up, (2) I could be wrong about Bitcoin and it could also melt up, and (3) I could be wrong about monetary policy and my outlook on macro as a whole.
I think it’s healthy to question yourself occasionally. After all, the market has in some ways forced me to rethink my assumptions based on the fact that it appears to be defying common sense and waving its wang in my face any chance it gets.
Pictured: My career as a market skeptic/Austrian school supporter
But today let’s do the opposite. Following my post this past week about how the idea of leverage in markets has been on my mind, I wanted to try something different. An oldie but a goodie: entertain what a worst-case scenario might like look like. And while I don’t know what the middle stage of it could entail, I feel like I have a pretty good idea of what the beginning and the end of it would look like...(READ THIS FULL ARTICLE HERE).
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This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.
