Market Cycles Are Part of Our Nature

A note to investors everywhere.

Market cycles are not events that lie outside of us.

Cycles are blueprints that exist in our mind. They are part of the very fabric of how we apprehend the world: sunrise and sunset; summer and winter; hope and fear.

Therefore, market cycles will always be with us – not because external events are unpredictable – but because the human mind is utterly predictable.