The Compound and FriendsWorst Quarter in 4 Years, Oil vs Stocks, Win Rates From Buying Corrections, the Case for T and VZBreadth Doesn’t Predict Returns
43:19–45:53 · 155s
Quoting Adam Parker, Josh argues that market breadth has little predictive value, noting recent years up on narrow leadership and down with broadening—puncturing a popular mantra.