Have Nots vs. The Have Yachts
Posted December 16, 2022
Chris Campbell
Crashes are egalitarian. Recoveries are asymmetric.
That’s the real reason economic inequality keeps growing… and the middle-class keeps shrinking.
It’s why the world is transforming into the Have Nots vs. the Have Yachts.
Here’s the big problem:
Those who scream that the system’s rigged aren’t wrong…
But this strategy’s got an obvious flaw.
Most things they protest about are 100% outside of their control.
BUT…
There’s ALWAYS one facet that’s within their control.
Focusing on the right swans at the right time.
Black, Grey, Silver, Gold
The deeper we drag into bear markets, the more the laggards (AKA, “dumb money”) focus on trying to catch all the potential Black and Grey Swans -- those unexpected/marginally expected events with extreme potential downside.
Meanwhile, the smart money begins an early shift toward focusing on potential Silver and Golden Swans -- those unexpected/marginally-expected events with extreme potential upside.
The reverse is also true.
In bull markets, the dumb money focuses on trying to catch all the potential Silver and Golden Swans… even when it’s obvious the top is already in the rear-view.
Meanwhile, the smart money ALSO focuses on all the potential Black and Grey Swans.
(“The Big Short” is an extreme, but worthy, example.)
What the Smart Money’s Doing Now
Only once in a blue moon do all of our smart money gurus agree on something…
But look to the skies tonight… a blue moon is upon us.
Consider all of our experts under the Paradigm Press Group banner:
Altucher… Rickards… Blanco… Scheidt… Amoss… King… Knuckman… et al.
Right now, despite their differences, most are pounding the same table.
If you’re sitting on a heap of cash, unsure of what to do with it… and you’re afraid of throwing it into 2023’s potential dumpster fire…
Don’t miss this special announcement from our VP, Doug Hill.