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It all started making more sense to me once I heard Brent Johnson's Milkshake Theory (and understood his point) [1].

[1] https://www.youtube.com/watch?v=da6hMy5sp1M



Watching that video with a couple year's hindsight and cracks are starting to show. The rest of the world is slowly getting rid of their dollars and his points about the international stock market are no longer as valid. International indexes are beating the US market right now.




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