Collapse! Quotes

“Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria. The time to buy is at the point of maximum pessimism, the time to sell is at the point of maximum optimism.”
― David Skarica, Collapse!: How the Federal Reserve Created Another Stock Market Bubble and Why it Will Collapse

“look for beaten up cheap assets that I think will soon reflex to the upside or look to short overvalued, overpriced assets that will reflex to the downside.”
― David Skarica, Collapse!: How the Federal Reserve Created Another Stock Market Bubble and Why it Will Collapse

“What you want to achieve, when investing prudently and conservatively, is to own markets, sectors and companies at a large discount to their true value. Then your gains will be leveraged as the market realizes the true value and shoots from under-valued to over-valued.”
― David Skarica, Collapse!: How the Federal Reserve Created Another Stock Market Bubble and Why it Will Collapse

“When the market falls again this time, the Fed will again ramp up its money-printing program. This time I feel a good candidate for the next bubble will be a commodity bubble. This could be the fuel for the fire for a new gold bubble.”
― David Skarica, Collapse!: How the Federal Reserve Created Another Stock Market Bubble and Why it Will Collapse

“To quote the late John Templeton, “Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria. The time to buy is at the point of maximum pessimism, the time to sell is at the point of maximum optimism.”
― David Skarica, Collapse!: How the Federal Reserve Created Another Stock Market Bubble and Why it Will Collapse

“The average bull market runs about 165 weeks or roughly 3 years and the average gain is about 131 percent. As we can see from the charts below, this bull market is now over 260 weeks in length or the 2nd longest on record.”
― David Skarica, Collapse!: How the Federal Reserve Created Another Stock Market Bubble and Why it Will Collapse

“Americans do not want to endure the necessary pain to resolve their fiscal problems; so they will continue to print and spend more money. The Fed really is just subsidizing the American ego.”
― David Skarica, Collapse!: How the Federal Reserve Created Another Stock Market Bubble and Why it Will Collapse