re macro investing
forget individual stock picks and precise real estate shopping
picture below:
we are racing
- against time,
- to see whether the rising cost of living will implode our neighbor's income statements in time before exploding that of our own, so that we still have some will to purchase our neighbor's imploded assets at a psychological moment, so as to eventually benefit from the must-happen upswing
- to see whether our balance sheet will outlast the time it takes to get to the upswing, elapsed time unknown
unreal tournament last-man-standing-death-match defined.
and so we shuffle, run, veer away from, dive into, cower amongst, and generally move about groups of equity, types of cash, kinds of debt instrument, piles of gold, and real estate, to hide, fight, perish, or gain as we may, until the game announcer says to the second last man standing, "Game Over, Player Two".
The game has no precise rules, changing all the time, allows for no respite, tolerates no quitters, has few winners, and eventually kills all, to the very last man.
The object of the game is to perish well as opposed to miserable.
Oops, announcer saying "Players, get ready, on three, two, ..." |
