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David Himmelsbach
Stoic Finance
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Comments by "David Himmelsbach" (@davidhimmelsbach557) on "Ray Dalio's Advice As The Markets Are CRASHING" video.
I nailed August of 1982 PERFECTLY... and the next twenty-five years on out. So Ray is a billionaire -- and not one of my clients would buy in the weekend before the bull run. Go figure. Then my clients and prospects were quite unhappy -- because everything I pitched came true -- and they all 'went the other way.' I'd shown them that when presented with a dream come true on a platter -- they rejected its thesis -- and thus, weren't so clever after all. Unlike Ray I KNEW that Volker had no choice but to let interest rates PLUNGE. This drop began the very day of the Mexican crisis. Treasuries moved 3 full points in a single trading session. (IIRC, Thursday) Why Ray did not pick up on this ? Well, let him explain. Kaufman figured it out. His 'take' hit the broad tape on Tuesday, next, and the Dow rose 38 points... a mind-blowing amount.
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