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8/3/20
July 2020, Chicken Little Portfolio Performance
Tom Segura, the Netflix comedian, says he has a new technique for arguing. He immediately switches to the other person's position. Such mental flexibility is extremely hard when it comes to investing. Six months ago, I changed from predicting a deflationary depression to predicting a depression that will probably be deflationary, but that might be inflationary. I continue to try to open my mind to the possibility of inflation by holding some gold and crypto.
1930's style US Deflation or German hyperinflation? |