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Augur is a Keynesian Beauty Contest (plus Bitcoin, Basis)

tonysheng.substack.com

Augur is a Keynesian Beauty Contest (plus Bitcoin, Basis)

Tony Sheng
Dec 13, 2018
Share this post

Augur is a Keynesian Beauty Contest (plus Bitcoin, Basis)

tonysheng.substack.com

Bitcoin

I get nervous every time I hear someone say "the next bull market" like it's a given. It makes me think that there won't be a next bull market, despite my high conviction that there will be one. The intelligent investor doesn't believe past performance predicts future results. Though she also doesn't believe things are different this time either.…

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