“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”
— Sun Tzu
He didn't have much to say about drone warfare.
Equity Market Lows and Airstrikes
The recent low in the S&P 500 coincided with Israel launching its retaliatory strike against Iran on April 19.
With the benefit of hindsight, it might seem like a trivial non-event. But rest ...
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