One reason I don’t pay much attention to permabears isn’t because they’ll never be right. Eventually, they probably will be. It’s because their entire worldview is built around expecting the worst. That mindset doesn’t just make you miss rallies.. It makes you stop looking for opportunities altogether. Markets will eventually correct, not just the AI trade, everything, defensive sectors as well. I’d still rather spend my time preparing for what’s next than hoping everything falls apart.
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