Too Long; Didn't Read
Nothing brings change like a revolution. If successful, they disrupt the status quo and nothing is ever the same again. If they fail, they fail in catastrophe, with bodies swinging from the gallows. But whether successful — the American, French, and Internet revolutions — or failures — the Boxer Rebellion in China or the Great Jewish Revolt against Rome, they are milestones of history. Some fail because outside forces brutally crush them and some fail because the doctrine itself has insurmountable limitations. As the market sits at nearly 10% of its previous high, we stand shaken, witnesses to an attempted revolution. We nurse our wounds, redistribute our meager portfolios, and turn to face the question: