Our readingWhat is a korrent?
At a market price-earnings ratio of twenty-three there is little upside and a long way to fall, where at fifteen there would be much less risk.
Drawn from what Jamie Dimon said
What these subjects mean
stock market Equities as a whole: what returns have been, whether prices carry information, and what attention does to them.
investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.
Mental modelMargin of safety
On the topicWhich mental models help you think better?under our view: Leave a margin of safety, because you will be wrong sometimes