2026 will most likely be an exceptionally volatile and chaotic year. Looking back at all my past painful losses, the only lesson I've truly learned is this: Don't participate in games you don't understand. The trends you believe in may not hold true, the assets you think are undervalued may not actually be undervalued, and what you perceive as monetary easing may not be genuine. When market pricing becomes disordered, almost all assets are likely to be unfairly punished. It's time to calmly ask yourself: What are your advantages in this game, and why are you the winner? If you can't win, is there a way to avoid losing?