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We have become numb to the magnitude of the bubble today.
When the tide goes out, there's going to be a reckoning, with the pendulum swinging to the other extreme.
Be prepared for the aftermath of this bubble by planning now.
The unwind can take many paths, however, a repeat of a market running in place for a decade, like it did from 1968-1982, or post 2000 is the template.
This will create a golden age for active investing. Thus, now more than ever, it's imperative to own the undervalued assets today, and where these reside might be surprising to many investors.