Thank you for the great content. I find it very enlightening and also entertaining. I have purchased a few of the books you recommended and watched the YouTube videos also.
I just watched a Ted Talk by Eric Bischoff and he explained how politics, professional wrestling and the media don’t want you to think they want you to feel. I think the markets are very much like that now, because Mr. Market doesn’t want you to think he wants you to feel the fear of missing out even though it seems the economy is about to fall of the cliff. CNBC does this too when they bring on Tom Lee and Scott Wapner criticizes him about his outlandish and highly improbable price targets for the S&P 500 knowing that the bears will feel rather than think.
Thanks for giving me a framework to better understand markets, politics, and professional wrestling.
It seems like things really started to get out of control when the dollar was de-pegged from gold in 1971, there's a bunch of charts here illustrating the point: https://wtfhappenedin1971.com/
Thank you for the great content. I find it very enlightening and also entertaining. I have purchased a few of the books you recommended and watched the YouTube videos also.
I just watched a Ted Talk by Eric Bischoff and he explained how politics, professional wrestling and the media don’t want you to think they want you to feel. I think the markets are very much like that now, because Mr. Market doesn’t want you to think he wants you to feel the fear of missing out even though it seems the economy is about to fall of the cliff. CNBC does this too when they bring on Tom Lee and Scott Wapner criticizes him about his outlandish and highly improbable price targets for the S&P 500 knowing that the bears will feel rather than think.
Thanks for giving me a framework to better understand markets, politics, and professional wrestling.
My pleasure Jeremy - thank you for taking the time to read and comment!
It seems like things really started to get out of control when the dollar was de-pegged from gold in 1971, there's a bunch of charts here illustrating the point: https://wtfhappenedin1971.com/
I linked to 2 videos in the first post here that lays our an interesting "story" on the topic from Eric Weinstein that inspired this Substack
https://kayfabecapital.substack.com/p/welcome-to-kayfabe-whatever-the-hell
Wow, what an article! I may be almost 3 yrs late to the party but it was an incredible read.