Thanks Michael — always enjoy your great weekly links and circumspect thoughts.
I’ll throw in my two cents re the hype. Zoltan Pozsar is the lazy man’s analyst: marshalling a series of facts into a superficially impressive argument that serves as a substitute for wisdom.
I remain astounded that the barely coherent musings of a frantic autodidact have gained such notoriety. Verbose salesmen ought to always be treated with suspicion, in my opinion.
Thanks Michael — always enjoy your great weekly links and circumspect thoughts.
I’ll throw in my two cents re the hype. Zoltan Pozsar is the lazy man’s analyst: marshalling a series of facts into a superficially impressive argument that serves as a substitute for wisdom.
I remain astounded that the barely coherent musings of a frantic autodidact have gained such notoriety. Verbose salesmen ought to always be treated with suspicion, in my opinion.