“We don't get fooled again/Don't get fooled again…/Meet the new boss/Same as the old boss” - Roger Daltry, the Who, 1971
“Fool me once, shame on you. Fool me twice, shame on me.” - The Court and Character of King James
Today, I discuss a quick but very important message about tricks that “experts” use to get us to invest in assets we should avoid. I discuss how I saw this trick used every single week when I worked for Smith Barney in Beverly Hills, CA. I will add another lengthier podcast over the weekend in which I discuss extremely important takeaway points to incorporate into your investment strategies from my modification of exit strategies to our open assets this week.
Above, I speak about how we can extend the lessons from ARKK investment pitches to retail investors to reassess strategies in other assets that have performed poorly this year, including Bitcoin.
