Comment by WalterBright
20 hours ago
If you're smarter than other investors, you can make a lot of money doing the opposite of what they do.
20 hours ago
If you're smarter than other investors, you can make a lot of money doing the opposite of what they do.
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.
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.