The simple reason stocks are destined to mean revert: ‘normal is a long way down’

Good summary of relevant points in this segment.  The reality is that no investment approach gets to win forever, each one has periods of under-performance.  What matters most is not how much asset prices go up and down, but rather how much one keeps on a cash in to cash out basis over full market cycles bull and then bear.

Mark Yusko, founder, CEO and president of Morgan Creek Capital Management, discusses what is causing this market sell-off.  Here is a direct video link.

Morgan Creek CEO: Markets will get back to normal, but ‘normal is a long way down from here’ from CNBC.

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