Quote of the Day

Keith McCullough is, once again, making sense this morning:

“If you could get away with not having to deal with cycles, would you be happier? Wouldn’t it be “easy” for the fabulous Fed to mark everything in Equity & Credit to model and ban marked-to-market risks associated with future time and space?

While socializing Full Cycle Investing losses might sound cool to a boomer generation that’s looking to retire, the rest of us who have to work for another 30-60 years (and our children and theirs), shouldn’t get paid for any analysis or performance in that world.

Know of any rock-star banking execs or money managers in Japan?”

“Until I’m on the wrong side of the grass, I will believe that both gravity and cycles matter more to Full Cycle returns than anything else.”


Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.