What You’ve Lost in This Bull Market

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Beware the investment risks you don’t have to take. They could explode.

One of the most valuable assets erased by this bull market is the distinction between risk taking and risk seeking.

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'Who’s on the other side of this trade, and why are they willing to let you make money? In a severe bear market, you’re often trading with someone who has to get out or go broke so you may have the advantage. In a bull market, it’s often someone who knows more than you do.'

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People are taking risks because they are desperate and fear to turn back to zero

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