by Sven Carlin
Summary
Some bubbles are innocuous or even funny, some are extremely dangerous and will lead to painful events and environments.
Another funny thing: Most talk about the innocuous bubbles not about the dangerous ones.
I know I go against the current here, but I like to look at things from a long-term perspective. That is why my favorite investors are Buffett and especially Dalio and Klarman. Dalio looks at extremely long-term debt cycles, while Klarman is known to study human history going back to the Roman Empire in order to understand human behavior.
Today, the news is mostly about cryptocurrencies, extremely positive about stocks and the notion of risk seems to have disappeared. However, even if I like to consider myself still young at the age of 34, somehow my experience and what I have learned in the past 15 years since I have been active in financial markets tells me that things always change and that the changes don’t happen in a linear way but suddenly as the sentiment changes.
Enjoy the video where I discuss the things I see as completely crazy, from cryptos, high yields that aren’t high and something that could be the biggest problem of all, but few seem to care about it.