It’s called Creative Destruction and it’s always been part of the cycle.
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Yep, it will always be that way. What’s coming has to happen.
Think of two scales with an equal amount of fat in the morning, but as we proceed through the day only one side is being used, until the eventual crash.
How do you rebalance the scales?
You grab a chunk of meat and start putting it back on the other side.
You are an oasis of financial know-how in a dreary desert. If we had partnered during my active days we would have “cut a fat hog in the ass” (made some big money) as the old Texans used to say. I miss going to lunch with my dad and his ‘Mastermind’ group (from “Think and Grow Rich”), listening as they put deals together and wrote them up on napkins to take back to their secretaries. Those were the days, the Wild West of business. Wildcatters worth $20mm one day, broke the next, coming right back and doing it all again.