Great read. Investors who forget the past are doomed to repeat it. One thing I notice is the level of emotion involved these days. People are investing in Tesla, bitcoin, and GameStop with their hearts rather than their heads. Anyone even a bit bearish is burned at the stake. This is another sign that the market is inflated. But who knows when it will crash? People started talking about a bubble in 1995, but it didn’t pop for another 5 years. Only time will tell, but it is a good idea to have some cash on the sidelines to deploy during the crash. I know I do.

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