Prediction evidence

"I was down 30% at the absolute lows. But by the end of the year I was up 200, 300%" Mike Alfred says compression periods don't matter if you own the right stuff "In April of last year, everyone was worried that the whole world was going to collapse. We bottomed off the low in early April, and then a lot of the stuff that I own, small cap equities, levered AI, they went up like 10x." "If you own the right stuff you go up so much in those up moves that it doesn't matter how much you retrace in the compression periods." "I just don't lose a lot of sleep about these compression periods if I believe that we're not in a larger bear cycle. And I don't think we are. I think we're actually entering a better environment."