Wisdom from an old trader

"The problem with betting on the end of the world is that it only happens once". -- Art Cashin

 

I love Art Cashin. He knows his shit, and never spins anything.

...Most wise person whose face appears regularly on that wacky CNBC network.

 

Nothing beats experience.

Art's seen it all before.

Even if the world was ending next month, the market would still find a way to rally and squeeze the shorts one last time.