Regardless of the sentiment’s accuracy, the two most important words here are the two most likely to be overlooked. The mind will naturally wander along the optimistic route looking for confirmation from those with clout while ignoring the risks along the way.
Leverage, for institutional and retail investors, should be understood before deployed. Particularly for the latter, as it will become incredibly easy to ignore the severity of not doing so as numbers rise and blinders become cemented.
Those will be the ones returning to this post wondering how they forgot to stay humble.