When the economy is buzzing, earnings are growing, valuation multiples are expanding, everything seems up and to the right. It feels as if there is nothing that could stop the freight train of progress and growth. But never forget that our economy moves in cycles of expansion and contraction. Things revert to the mean. What goes up comes down. Trees don’t grow to the sky.
Learn patience, and let things play out.
Ramen-san
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Published by Cam Robert
Cam spent years advising Fortune 500 CEOs on business strategy, worked in Private Equity buying and selling technology companies, lost a small fortune in the 2008 financial crisis, and eventually jumped into the tech game as an operator, just in time to catch the latest wave of innovation and speculative fervor. He writes about this journey and other perspectives on life at www.ramenretirement.com.
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