https://auouradvisor.com/arrogance-of-the-modern/ Downside Protection Strategies Fri, 19 Jun 2020 11:04:31 +0000 hourly 1 https://wordpress.org/?v=6.3.1 https://auouradvisor.com/arrogance-of-the-modern/#comment-5 Fri, 19 Jun 2020 11:04:31 +0000 https://auouradvisor.com/?p=6269#comment-5 […] One of Portnoy’s followers remarked, “I kind of make fun of some of these investors [referring to Buffett]. They just have a hard time understanding the new normal, the new business models.” This attitude—which in our perspective is a show of hubris and hubris’s corollary, not learning from the past—brings into greater relief the concerns about greed we shared in our last newsletter, The Arrogance of the Modern […]

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