The Aroma of Euphoria
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Have you ever played musical chairs? An exciting game, full of anxiety and anticipation, as you are left wondering if you will be left without a seat in the end.
\\nWhen the music stops, that is when the exclamation mark is written, that is when the calamity begins.
\\nJust to provide clarity, I\\u2019d like to answer two questions for our readers (1) Do I believe there are pockets of \\u201cbubblicious\\u201d investments in the markets today? Yes. (2) Do I believe that there are investments at attractive bargain prices today? Yes. We have a very valuation polarizing market and all the more reason to be selective and diligent about what you own.
\\nSo, is it possible to know when some of these bubbles will burst and when the music will stop? I believe Sir John Templeton provides some great insight on these matters,
\\n\\u201cBull markets are born on PESSIMISM, grow on SKEPTICISM, mature on OPTIMISM and die on EUPHORIA.\\u201d
\\nThe aroma of euphoria is strong, my friends. Proceed with caution.
\\nLinks mentioned in this episode:
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