📈 SigmaTrader Blog

Why I’m Not Calling the Market Top — And How I’m Positioned Instead Every week, someone declares “this is the market top.” I used to think the same way — until I learned the hard truth: The market can stay irrational longer than you can stay solvent. But there’s a truth that’s easy to know intellectually, yet hard to truly understand : You don’t just learn this from books. You need to live it, feel it in your portfolio, and survive it. Only then do you get humble enough to accept the market as it is, without constantly fighting against it. Why Cash Doesn’t Mean a Crash Berkshire Hathaway’s huge cash reserves don’t guarantee a market crash is coming. It’s just smart preparation. Risks are everywhere: Valuation signals — Buffett Indicator, Shiller P/E Debt dynamics — GDP-to-debt ratios climbing Interest rates — After 40–50 years of falling rates (and near-zero during COVID), we might be in a long-term rising environment Risky leverage — For example, Michael Saylor’s str...