- There’s a big difference between an exuberant view and a risk-reward view.
- This also often leads to relative underperformance but long term outperformance, which is something difficult for 99% of investors to grasp.
- This is my view on the markets now.
I’ll start with a story of Croatia, the land I was born and raised in because while it might be a small country, it has seen so much history there is a lot to learn. More →