Comment by WalterBright
1 day ago
If you're smarter than other investors, you can make a lot of money doing the opposite of what they do.
1 day ago
If you're smarter than other investors, you can make a lot of money doing the opposite of what they do.
The failures and dislocations and "unanticipated" side effects of rent control are always a consequence of the Law of Supply and Demand.
You cannot repeal that law, though they try again and again and again.
In a beauty contest, being right alone against everyone else just makes you lose.
Markets can remain irrational much longer than you can remain solvent.