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Apr 20, 2018

Speculator: Prophet of doom

Is there a new asset bubble brewing? Ian Williams has his fears
No careers adviser will steer you toward the role of professional prophet of doom, with its historically lower earnings potential than those of a bullish broker. You don’t score many commissions or bonuses by telling people not to buy. Even in terms of psychic rewards, people recovering from the crash you so presciently predicted are unlikely to thank the squeaky wheels who warned them of their folly. Duty calls, however, and Speculator has a recidivist record of calling out the irrational excesses

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