Destruction of Wealth or the Symphony of Destruction

Saw this line this morning:

It began quietly on July 8th but didn’t really accelerate until ten days ago. And while the offered causes of the stock market sell-off are numerous, the resulting carnage is singular: Destruction of wealth.

Why is it a destruction of wealth? You mean if you were a buy and holder? Of course, THAT is a destruction of wealth: The symphony of destruction:

You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content.

2 thoughts on “Destruction of Wealth or the Symphony of Destruction

Comments are closed.