"Scientists sometimes resist new ideas and hang on to old ones longer than they should, but the real problem is the failure of the public to understand that the possibility of correction or disproof is a strength and not a weakness......Most people are not comfortable with the notion that knowledge can be authoritative, can call … Continue reading The Illusion of Certainty
Category: lessons
Waiting for the Last Dance
"...it is highly probable that we are in a major bubble event in the U.S. market, of the type we typically have every several decades and last had in the late 1990s. It will very probably end badly, although nothing is certain. I will also tell you my definition of success for a bear market … Continue reading Waiting for the Last Dance
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