Central Markets by Robert Lloyd, CFA

The information contained herein has been obtained from sources believed to be reliable, but the accuracy of the  information cannot be guaranteed. All opinions and outlooks are subject to change.

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Change My Mind...

Updated: Jun 7

Is the market in a new paradigm? Have bitcoin and reddit changed the market forever? Some say yes: (2) Post | LinkedIn


I say: No. They. Have. Not.


What has been will be again; what has been done will be done again; there is nothing new under the sun.


Here is the Forbes Cover of 1998. Sound familiar?



It has been said the markets don’t repeat, but they certainly do rhyme. We are experiencing multiple speculative bubbles that will eventually deflate. Those trading with leverage will be punished, just as the tech traders were punished in 2001 and 2002. Bonus points if you can tell me which biblical book I quoted.


Robert Lloyds, CFA®

Chief Investment Officer

Lloyds Intrepid Wealth Management

Lloyds Intrepid LLC is doing business as Lloyds Intrepid Wealth Management. Lloyds Intrepid LLC offers investment advisory services in the State of Texas where registered and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. Lloyds Intrepid LLC and its advisers do not provide legal, tax or accounting advice. Lloyds Intrepid LLC formulates retirement plans, investment strategies, portfolio construction and investment due diligence for clients with signed investment advisory agreements with us. The information contained herein has been obtained from sources believed to be reliable, but the accuracy of the information cannot be guaranteed. All opinions and outlooks are subject to change.


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