Echoes from the Pre-Depression Era

jonathan@mozellacapital.com (Jonathan Henrich, Mozella Asset Management) — Mon, 27 Jul 2026 19:40:20 GMT

Although we believe all markets can be hedged appropriately and we're currently neutral leaning towards the cliche' 60/40 with an optimistic long term view. This article in the Wall Street Journal had a slight hair raising effect as it echoed the 1929 pre-depression attitudes of the stock market.

Many newer investors have not experienced a catastrophic loss and have seen their principal wiped out as a result of overconfidence and listening to pundits. As Mark Cuban would say, "Don't take advice from anyone who doesn't have to write a check."

(Wall Street Journal article by: Rachel Wolfe Feb. 15, 2026 8:09 am ET)

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