Loading ...Like you say the wheels will wobble till they don’t or some paraphrase. Carl is not going to hide in a corner and appears well aware of what could happen. He doesn’t throw caution to the wind or try to direct others in that path. He is well aware how companies work and if their numbers are fudged or over valued and is a more careful investor of risk reward.
He doesn’t not need to follow others except for their mistakes he says lol rather than artificial intelligence, However even though different the outcome might be the same as others who are in the same mind frame but he’s not going all out for fear of doom and gloom event but going to try to avoid the primary targets.
Yes you can make a little more on high yield bonds but is it worth the risk vs greed IMO he’s saying He did mention that if someone would of warned in 07 it would have saved a lot of people. Armstrong in fact warned in 07 and is also warning of the same catastrophe in the coming years but has more set targets.