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The SEC bans financial advisors from saying "guarantee" to clients. Markets overreact in both directions, so there's no ceiling on how far they can swing up or down.

The SEC bans financial advisors from saying "guarantee" to clients. Markets overreact in both directions, so there's no ceiling on how far they can swing up or down.
The SEC says that we're not allowed to use the G word, right? We can't guarantee anything, right? Never, ever, ever use that word, by the way, when you're talking to clients. If there was one exception, one guarantee is markets overreact. They overreact on the way up, they overreact on the way down. Just because they overreact on the way up doesn't mean they can't overreact even higher.

The AI stack is trying to consolidate to a winner take all, do you think it'll stay fractionalized

Before you launch a fund, triple check your fund attorney actually filed everything.

Different view on housing affordability and the fed raising rates not lowering rates