Happy 4th of July!

Chance, luck and randomness do not get the credit that they deserve. A quick reminder that many of the greatest inventions in history have been discovered by error. A whole discussion is due to how we can increase chances, luck and or probability for the desired outcome.

As for the financial market's behavior, especially in 2020 and since COVID, which analyst could have predicted the sharp market sell-off in March and then the astonishing bounce. Unpredictable!

Those who did predict this, I would say, "you are lucky."

Betting against America has failed each time since its inception and will continue to fail as America is the greatest nation of all time. We have our faults, but we have evolved, evolving and the structure that we have is unmatched.

Happy 4th and go long on America.

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