{"id":48770,"date":"2019-10-02T13:20:23","date_gmt":"2019-10-02T18:20:23","guid":{"rendered":"https:\/\/olduvai.ca\/?p=48770"},"modified":"2019-10-02T13:20:26","modified_gmt":"2019-10-02T18:20:26","slug":"getting-ready-for-the-stock-market-crash","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=48770","title":{"rendered":"Getting Ready For The Stock Market Crash\u2026"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"http:\/\/adventuresincapitalism.com\/2019\/10\/02\/getting-ready-for-the-stock-market-crash\/\">Getting Ready For The Stock Market Crash\u2026<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It is something of a tradition amongst market commentators to make bold stock market calls because they gain you notoriety if you get it right. Over here at AiC, I don\u2019t particularly care what people think. I\u2019m here to make money\u2014that\u2019s it. Therefore, I\u2019ve refrained from big market calls\u2014particularly as I have no real edge in guessing where an index of a few hundred companies will be trading at a certain date in the future. This doesn\u2019t mean that I don\u2019t recognize economic and share-price cycles and manage my portfolio accordingly.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Over the past few years, I have been increasingly concerned about the massive structural imbalances in the world, along with excess debt and asinine monetary policy leading to an epic equity market bubble. Remember, your investment returns are directly correlated to the price you pay, not your analytical ability and I refuse to play in the greater-fool theory of finance. With that in mind, I have consistently managed my portfolio with a rather reduced overall exposure profile. Despite holding plenty of cash, I have certainly not been a perma-bear\u2014those guys tend to complain a lot but make no money. Rather, I\u2019ve continued to find opportunities to do smart things in esoteric sectors of the market, leading me to consistently trounce the US equity markets over the past few years. Yet, the whole time, I have been quick to sell companies that appreciated to 80% of fair value, I have been un-willing to take on risk and have passed on many perfectly good investments as I preferred to miss something than increase my market exposure. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Getting Ready For The Stock Market Crash\u2026 It is something of a tradition amongst market commentators to make bold stock market calls because they gain you notoriety if you get it right. Over here at AiC, I don\u2019t particularly care what people think. I\u2019m here to make money\u2014that\u2019s it. Therefore, I\u2019ve refrained from big market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[24146,1849,27284,501],"class_list":["post-48770","post","type-post","status-publish","format-standard","hentry","category-economics","tag-adventures-in-capitalism","tag-financial-markets","tag-harris-kupperman","tag-market-crash"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48770"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48770\/revisions"}],"predecessor-version":[{"id":48771,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48770\/revisions\/48771"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}