Spot on bit of commentary......

Spot on bit of commentary...

https://morningporridge.com/blog/bl...he-markets-are-full-of-idiots-listen-to-them/

A few quotes from the article...

* "people began to accept the unlikely as probable, and unquestioningly believed a pocketful of pixels was worth more than gold"

* "The bottom line is markets, and the factors that influence them, are full of idiots. They range from politicians making fundamental mistakes, fund managers dramatically mispricing risks, central bankers studiously miscalculating economic shifts, company boards focusing on all the wrong things, right the way down to investors who really did believe what the Reddit Boards told them."

* "It’s a skill to listen. Its even more skillful to question."