Most obvious trap the market has set in months. Impressive how few people see it.
Watching people explain why this dip is different from every other dip is my favorite recurring event.
Hot take: everything you think you know about this cycle is last cycle's playbook in new clothes.
Projects with the most hype right now will be the cautionary tales in two years. Mark this.
Project everyone calls overvalued often understands something about the future others do not.
