Words to Remember
Why Guts Matter More Than Genius 🧠
“The most important organ in investing is the stomach, not the brain.”
Why we ran it
Gold and silver were ripping on a DOJ investigation into the Fed chair, and the same issue noted that investors who did not panic-sell after Liberation Day had doubled the returns of those who did. Lynch's point is that the second group did not know more. They just held on.
From the January 16, 2026 issue: Did Washington Spark A Gold Rush? →