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by timenotwasted
213 days ago
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The market has shifted drastically since he made his big break in 2008 and he doesn't seem to be able to adapt to it, which to be honest very few do regardless. That being said I think it's highly unlikely this is the last we hear of him. He does seem to have an eye for spotting things way ahead of the curve but that's both a blessing and a curse when trying to trade on shorter time scales. |
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The market currently lives in some kind of post-rational reality where NVidia is worse more than the GDP of Germany, indices are dominated by a few interlinked companies using creative accounting and multiples are through the roof. Meanwhile, the government is openly trying to influence the central bank and probably fudge key statistics.
Find me someone who is really adapting to this market and not actually winging it hoping the plane doesn't crash.