The Trader 

For safety, buy bonds

The Trader

The standard cliché is that, when a trader or investor makes money, it’s because he’s clever. However, when he loses money it’s because a) the market’s rigged against him, b) algorithms and AI are to blame, or c) his advisor is at fault. The trouble then is that, rather than moving on to another asset class/advisor/strategy, he returns to the same playing field often for another headbutting.

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