{"id":63000,"date":"2025-11-03T23:31:40","date_gmt":"2025-11-03T23:31:40","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=63000"},"modified":"2025-11-04T00:29:12","modified_gmt":"2025-11-04T00:29:12","slug":"a-sense-of-urgency-joseph-calhoun","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/","title":{"rendered":"A sense of urgency | Joseph Calhoun"},"content":{"rendered":"<blockquote><p>There is no sure fire way to know if you should be buying an asset that has already risen a lot. I do think that your sense of urgency is a pretty good contrary indicator. If you feel like you absolutely, positively need to buy some asset today, you might want to just hold off a bit and see if prices come back down. And I don\u2019t mean you have to wait until it crashes because it may not, but we all know that prices that have been rising rapidly won\u2019t continue to do so indefinitely.<\/p><\/blockquote>\n<p>~ Joseph Y Calhoun III, <a href=\"https:\/\/alhambrapartners.com\/monthly-market-review-is-this-a-bubble\/\">Alhambra Partners<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is no sure fire way to know if you should be buying an asset that has already risen a lot. I do think that your sense of urgency is a pretty good contrary indicator. If you feel like you absolutely, positively need to buy some asset today, you might want to just hold off &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;A sense of urgency | Joseph Calhoun&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"quote","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[7038],"class_list":["post-63000","post","type-post","status-publish","format-quote","hentry","category-trading","tag-sense-of-urgency","post_format-post-format-quote"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A sense of urgency | Joseph Calhoun - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A sense of urgency | Joseph Calhoun - the patient investor\" \/>\n<meta property=\"og:description\" content=\"There is no sure fire way to know if you should be buying an asset that has already risen a lot. I do think that your sense of urgency is a pretty good contrary indicator. If you feel like you absolutely, positively need to buy some asset today, you might want to just hold off &hellip; Continue reading &quot;A sense of urgency | Joseph Calhoun&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-03T23:31:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-04T00:29:12+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"A sense of urgency | Joseph Calhoun\",\"datePublished\":\"2025-11-03T23:31:40+00:00\",\"dateModified\":\"2025-11-04T00:29:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/\"},\"wordCount\":110,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"Sense of Urgency\"],\"articleSection\":[\"Trading\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/\",\"name\":\"A sense of urgency | Joseph Calhoun - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2025-11-03T23:31:40+00:00\",\"dateModified\":\"2025-11-04T00:29:12+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/a-sense-of-urgency-joseph-calhoun\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A sense of urgency | Joseph Calhoun\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Investing is a loser\u2019s game, one that is won by making the fewest mistakes. There will be times, sometimes fleeting, when the payoff from being bold is so large you have to make the bet. But those moments,\u2026","rel":"","context":"In &quot;Quotes&quot;","block_context":{"text":"Quotes","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/quotes\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61420,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/03\/25\/inflation-the-third-certainty\/","url_meta":{"origin":63000,"position":2},"title":"Inflation, the third certainty","author":"Colin Twiggs","date":"March 25, 2025","format":false,"excerpt":"In this world nothing can be said to be certain, except death and taxes. ~ Benjamin Franklin That may have been true in 1789, but since President Richard Nixon ended the dollar's convertibility to gold in 1971, we live with a third certainty: inflation. Ending convertibility to gold lifted the\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Decline of Dollar Purchasing Power","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-24-cpi-purchasingpower.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-24-cpi-purchasingpower.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-24-cpi-purchasingpower.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":2544,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/05\/the-rba-gets-hawkish-on-asset-prices-macrobusiness-com-au\/","url_meta":{"origin":63000,"position":3},"title":"The RBA gets hawkish on asset prices &#8211; macrobusiness.com.au","author":"ColinTwiggs","date":"December 5, 2011","format":false,"excerpt":"I believe that the RBA is determined to prevent any reinvigoration of the Australian housing bubble....... yesterday we had [] confirmation that the bank is structurally remodelling itself as an asset price hawk, with the appointment of Phil Lowe to the deputy governorship. In 2002, whilst working at the BIS\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6187,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/16\/fed-monetary-policy\/","url_meta":{"origin":63000,"position":4},"title":"Fed monetary policy","author":"Colin Twiggs","date":"November 16, 2012","format":false,"excerpt":"I read this excerpt from a speech by Ben Bernanke in September (courtesy of Cullen Roche): The tools we have involve effecting financial asset prices. Those are the tools of monetary policy. There are a number of different channels. Mortgage rates, other interest rates, corporate bond rates. Also the prices\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10201,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/07\/01\/economonitor-china-not-piketty-explains-confused-signals-in-u-s-asset-prices\/","url_meta":{"origin":63000,"position":5},"title":"EconoMonitor \u00bb China, Not Piketty, Explains \u2018Confused Signals\u2019 in U.S. Asset Prices","author":"ColinTwiggs","date":"July 1, 2014","format":false,"excerpt":"From Benn Steil & Dinah Walker: As for bond prices, China\u2019s central bank holds the key.After more than three years of steady appreciation, the RMB has declined over 3% this year \u2013 erasing the past year\u2019s rise. Driven by the Chinese government\u2019s desire to re-juice failing economic growth, RMB depreciation\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/63000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=63000"}],"version-history":[{"count":4,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/63000\/revisions"}],"predecessor-version":[{"id":63004,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/63000\/revisions\/63004"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=63000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=63000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=63000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}