I am a Certified Financial Planner with 46 years in the investment / insurance / retirement industry. Thejaswini's article displays crisp, well-informed writing, and is imo spot on. I know a lot of smart guys and commentators, but this is some of the best composed, well thought out prose I've seen in a while. And it makes me feel better about my 60% drawdown on my crypto accounts. Bravo!
Defaults are rarely accidents.
They are features of systems stretched too far, too long.
Worth reading what breaks when nothing intervenes.
🕯️
I am a Certified Financial Planner with 46 years in the investment / insurance / retirement industry. Thejaswini's article displays crisp, well-informed writing, and is imo spot on. I know a lot of smart guys and commentators, but this is some of the best composed, well thought out prose I've seen in a while. And it makes me feel better about my 60% drawdown on my crypto accounts. Bravo!
That's terrible. At least you didn't go bankrupt.