- Tom BrezsnyMore on the Market as an Honest Feedback Mechanism
Continuing the conversation… about the market and how it operates as an incredibly honest feedback mechanism, even if people don’t always want to hear what it has to say. I like to imagine that the market is a huge mirror that’s designed to reflect back the sum total of all the decisions, big and small, that all of us are making in real time. As such, it doesn’t lie. It doesn’t hold back. It doesn’t care what we think our houses are worth. Or what...