The Current Hobson’s Choice in Investing

The Current Hobson’s Choice in Investing, by Ben Hunt. A rather interesting and thoughtful article for those experienced in investing, offering insight into the current mindset of funds and the domination of markets by central banks. It’s time to act like a short seller he says, don’t trust the models, and look to real assets.

He illustrates the Hobson’s choice investors today face with this famous scene from “Five Easy Pieces”, from 1970. A Hobson’s Choice is where you are presented with what at first glance seem to be multiple opportunities for free will and free choice, but where in truth you only have a single option — like Henry Ford telling you that you can have your Model-T in whatever color you like, so long as it’s black.