Do you suffer uncomfortably bullish syndrome where you agree with Jeremy Seigel but also hear Robert Shiller’s arguments and you are basically confused? If so, welcome to one of the biggest banks in the World! If you hedge your bets, whether when investing or making bold market calls, the chances of you being wrong are slim — if you’ve hedged correctly you should always come out with minimal damage and be able to fight another day. The problem with hedging is that while you won’t lose everything if you’re wrong, you can’t make huge gains if you’re right. George Soros…
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