"I’ve been out of the stock market because it stopped making sense to me," he says. Central bank support for the markets plus the trend of passive investing have turned it into a game with unclear rules.

"Over the past few years or so, everyone has just been buying indexes and they haven’t been doing price discovery. They’re just investing in a trend of something going up and up and up," he says.

BTC trading with exchange hacks that can wipe out your trading account, random unknown occurrences such as tether injections, no regulation, violent volatility, countless other unknown variables including random regulation all makes sense to you. You can forecast accurate price discovery in a market like this? This guy is fucking nuts.
thanks for share @zer0hedge