The market has a habit of humbling all who participate in it.
Where's all this leading?
Well - I am accusing myself of hubris. And I plead guilty. My reference to "dumb" money is the case in point.
Every one is dumb where the market is concerned. Sometimes we may make a good call - while others don't. If you crow about that - the market will humiliate you, somewhere, sometime.
So. I take on myself humility.
If I don't - the market will do it for me.
Anybody who calls somebody else "dumb" in the market - is merely inflating their own ego.
So - I shall continue to try to make sense of the chaos we are immersed in - and, with experience, knowledge, and some help from the stock market gods, my pocket book will be bigger than now. And ... I shall remain humble.
Cheers
Red
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