It's wild how market narratives flip. What looked like a solid pyramid back then? Completely upside down now.

Same deal with investing. Research from years back—the frameworks we built, the assumptions we locked in—they don't age well. Markets pivot. What consensus blessed as truth gets bulldozed by new data, new players, new everything.

The crypto space moves even faster. Positions that made sense in bull runs crumble when cycles shift. That's why revisiting old theses matters—not to feel smart about calls we nailed, but to understand how blind spots creep in when you're riding momentum.

The real skill isn't predicting the next inversion. It's staying flexible enough to see it coming.