After about a year and half - I was a banking and chemical analyst, and this guy calls me into his office and announces he's going to make me the director of research, and these other eight guys and my 52-year-old boss are going to report to me. So, I started to think I'm pretty good stuff here. But he instantly said, "Now, do you know why I'm doing this?" I said no. He says, "Because for the same reason they send 18-year-olds to war. You're too dumb, too young, and too inexperienced not to know to charge. We around here have been in a bear market since 1968." This was 1978. "I think a big secular bull market's coming. We've all got scars. We're not going to be able to pull the trigger. So, I need a young, inexperienced guy. But I think you've got the magic to go in there and lead the charge."

— Notice how this is identical to the GCR advice

& Identical to the advice we figured out, both in practice, and in our coin analysis from last year

= Biggest opportunities always come right after a big pump happens, after everyone’s been in bear mode for a while, where nearly everyone is still deep in bear mode and too afraid to made bold moves yet

Must be able to switch back to bull fast. Few can. Too many scars.

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶