Seeing the Macro Forest for the Token Trees
April 26, 2023

Seeing the Macro Forest for the Token Trees

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Put another way, while the analysts examine the forest tree by tree, macro investors sit on a hill, surveying the whole valley and considering which parts of the forest will be nourished or threatened by rainfall, forest fires, changes in land use and other factors outside of the idiosyncrasies of the micro analysis.

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