When You Don't Get What You Pay For
When euphoria starts to become contagious, it’s important to steep ourselves in the lessons of history.
When euphoria starts to become contagious, it’s important to steep ourselves in the lessons of history.
This week's blogpost - https://bahnsen.co/3P61dFn
When stock prices (valuations) feel stretched, it can be a bit scary.
Elevated market prices can lead to high peaks, which precede deep valleys (drawdowns).
So, when euphoria starts to become contagious, it’s important to steep ourselves in the lessons of history.
I will unpack all of this and more as we introduce today’s topic with a comical Girls Scout cookie fiasco that took place last week. You won’t want to miss it.
Links mentioned in this episode:
Trevor is a Partner, Director of our Private Wealth Advisor Group, and Author of Thoughts on Money.
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