As always my friend, very insightful 👍 I'm curious though to hear your additional thoughts on the forthcoming challenges and opportunities as you alluded to towards the end.
Economic downturns affect different markets, businesses and people differently. Hard to generalize, but I think the prices of some assets are coming down. Prices are defined by the marginal buyer and these are becoming rare in a lot of markets.
As always my friend, very insightful 👍 I'm curious though to hear your additional thoughts on the forthcoming challenges and opportunities as you alluded to towards the end.
Economic downturns affect different markets, businesses and people differently. Hard to generalize, but I think the prices of some assets are coming down. Prices are defined by the marginal buyer and these are becoming rare in a lot of markets.
Thanks David. It's good to be reminded to use critical thinking rather than simply accepting everything...
Thanks Victor