why so down you guysRight now the naysayers, bears, shorters and the 95% are very effective in “leading” the discussion towards a 100% focus on risks. Negative scenarios that could have varying degrees of chance of happening are talked about like they are certainties. Why? Because PRICE is down and that “must” mean that risks have increased. Sometimes the market is rational and a cheaper valuation is rational to see. However, what tends to happen is that A RISK captures the narrative and that negativity gets translated across the board. Meaning that the discussion has a tendency to steer into a narrative where it suddenly sounds/feels like ALL RISKS have increased simultaneously. Factors that have little to no relation to one risk aspect suddenly gets drawn with the same brush. Inevitably it leads to an overreaction and a negative price spiral. What this results in is a Risk/Reward picture aka opportunity that is getting exponentially better but which goes over the head of 95% of market participants.