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Markets don’t price mining districts in real time. They ignore them, then slowly re-rate them, then suddenly behave as if the opportunity was obvious from the start.

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Futures Slide As Tech Tumbles, Korea Crashes

“Some of the recent performance in stocks has been highly speculative, fueled by a passion from retail investors for short-term gains. We may not like it this morning, but actually it’s healthy behavior."


Lag7

MSFT in a bear market. AMZN at all-time-low valuation. A closer look at the recent carnage.

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