Dan Niles: Pension Fund RebalancinG, Bear market rally, & Potential for markets to go lower
4/1/2020 08:26:48 pm
Love the honesty in the interview. This makes think of Livermoore in 1929-1934. He made $100 million going short initially, but then got sucked into the subsequent bear market rallies. He went long in 1930 with some success, but then lost it all going long in 1931 and 1932, then short in 1933. This current market seems to offer an opportunity to learn from his mistakes.
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