Stocks always revert to the mean. Always.Never forget that.Valuations don’t matter… till they do. As I always say, capitalize on upside, but always be prepared for significant downside, especially when valuations are hot.
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Stocks always revert to the mean. Always.Never forget that.Valuations don’t matter… till they do. As I always say, capitalize on upside, but always be prepared for significant downside, especially when valuations are hot.