Hat tip to a good friend on the cycle graph. The business cycle provides headwinds and tailwinds to different market sectors; consequently, there needs to be a rotation mentality in order to provide the best conditional returns. The difference between good and great investing is just knowing where you are in the cycle and tilting exposure to take advantage of relative value. You don't have to tell me where you are going under you tellme where you are. It may not always be about picking the best stock but the best relative sector.
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