#44 - The Stock Market vs The Real Economy
In this episode we delve into understanding the disconnect between real life and the stock market.
Why is the S&P above 3,000 when the economy is frozen? Why are cannabis stocks on an absolute tear? Does this make any sense?
What can we learn from this disconnect and how does it influence our investing philosophy?
Two Key Principles:
1. Anything can happen in markets
2. Nobody knows what will happen next