Sure you can. Maybe not forever, but for a really long time. At least long enough for you to turn a serious profit and get out.
As the saying goes, the market can remain irrational longer than you can remain solvent. TFA isn't really about markets, but the same principle applies. People aren't rational, and can deny reality indefinitely.
The reckoning comes eventually, but even when it does, it's almost always messy and unclear. You're practically never forced to admit that you're wrong, even if it's obvious.
Going with reality is the safe bet. But real winners, and real leaders, can look for an edge by skirting the safe bet. Maybe reality will slam them in the face for it, but it may not. If it always did, we wouldn't have to write articles about it.
As the saying goes, the market can remain irrational longer than you can remain solvent. TFA isn't really about markets, but the same principle applies. People aren't rational, and can deny reality indefinitely.
The reckoning comes eventually, but even when it does, it's almost always messy and unclear. You're practically never forced to admit that you're wrong, even if it's obvious.
Going with reality is the safe bet. But real winners, and real leaders, can look for an edge by skirting the safe bet. Maybe reality will slam them in the face for it, but it may not. If it always did, we wouldn't have to write articles about it.