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Basically, no one knows what they're doing. Or, put a different way, that may be too strong, that everyone is making it up as they go along ... As I heard, Stanley Druckenmiller say once, we should not confuse a bull market with being a
genius.
Tim Ferriss
Don't Confuse a Bull Market With Being an Investing Genius
#614: Q&A with Tim on Wealth and Money, Book Recommendations, Advice on Taking Advice, C.S. Lewis, Relationships, Behavior Change and Self-Awareness, Why We Are All (Mostly) Making It Up as We Go, and Much More
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