John Hussman: Fish Don’t Know They’re In Water (Investors In A Market Bubble)

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We’ve just finished reading a great article by John Hussman at Hussman Funds called The Music Fades Out in which Hussman discusses current market conditions and provides a great illustration of the changes in investor psychology during market bubbles. Here’s an excerpt from that article: Fish don’t know they’re in water A fish swims up to another fish and asks … Read More