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best quote abt the market i heard in a long time


socrates469bc

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“It doesn’t make sense to join a panic but sometimes it makes sense to start one.” - Matt Freund, co-chief investment officer at Calamos Investments

 

very apt in describing running for the door in the recent archegos fire sale.

 

https://www.reuters.com/article/us-usa-markets-blocktrades-banks-focus/in-archegos-fire-sale-credit-suisse-nomura-burned-by-slow-exit-idUSKBN2BN00F

 

 

 

 

 

  • Geek 1
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