I’m skeptical at all-time highs. I know that feeling isn’t unique to me, that’s just human nature.
It feels like it’ll end badly. It feels unsustainable. But those are just feelings.
At a blackjack table, I’m nervous to hit when I have a 15 and the dealer is showing a face card, but I do it because the data says to hit, and data trumps feelings 100% of the time.
I’m a big fan of histori…
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