The Reasonable Formation of Unreasonable Things
Few things have as much impact on your lifetime investment returns as the decisions you make during bubbles.
But few things are as controversial.
Bubbles ruin investment careers, which leads to finger-pointing. They ruin financial lives, which leads to hostility and blame. That’s unfortunate. It’s hard to understand a complicated topic when the commentary surrounding it is done by people who are either angry or in denial about the outcome.
In this report we lay out why bubbles would occur even if everyone were a financial saint, and what you can do to protect yourself against their inevitability.
You can read it here, or click on the image below.