Quote from Humpy:
I reckon it was a good call because if the Fed had tightened up the rules of not lending vast amounts to losers then the whole planet would not have been affected later. The bubble had 20 years to mature and fester.
I think RD stopped trading about then but what he did next I would be interested to know
This has been the case for many bright forecasters who foresaw what was in the pipeline but failed on the timeline.
They all underestimated the power of Central banks.
