Expansion Is ALWAYS Followed By Contraction - Daily Reckoning Australia
We know excesses always have consequences. Yet, when it comes to investment markets, we somehow want an exclusion zone to be applied on this principle. However, periods of excessive exuberance have all been countered by an equal and opposite force of fearful selling
Robert Rhea Lehman Brothers Dow Jones Fat Tail Investment Research Yoga Spandakarika Roaring Twenties
Source: dailyreckoning.com.au