trevor's a lovely guy and knows where plenty of the bodies are
but he;s no economist nor is he a chartist - he hails from a different time when markets behaved more languidly and when dividend investing for 10+ years was the way to go. and for those with established wealth - that is still statistically a great way to make money
but technical trading through algorithms mean much lower lows and higher highs
so the wise man understands what trevor is sayign is correct re cycles and value - but plays the minute by minute game to pick entry points.
trevor's also spent his life hobnobbing with directors and acting as such - so he mirrors the the conceits they talk about
youll tend to find rich captains of industty encourage patient investment and disregard for volatility - havign spent their first 20 years paddling like crazy and taking chances to get there
or they are corporate retards like bhp and rio execs - whove lived in an ivory tower where the economic pros and cons of their activity are never assessed
BHP Price at posting:
$19.81 Sentiment: Sell Disclosure: Not Held
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