Markets are always uncertain. That's the game.

The real question isn't "what happens next?" — nobody knows. The question is: "If I'm wrong, does my portfolio survive?"

Position sizing matters. Risk management matters. Having dry powder matters.

I've managed money through multiple cycles. The investors who survive aren't the ones who predict perfectly. They're the ones who build portfolios that can handle being wrong.

Stress test your book. Know your downside. Plan for volatility.

That's how you compound long-term.