In Ernest Hemingway’s book The Sun Also Rises, one character asks, “How did you go bankrupt?” The other responds, “Two ways. Gradually, then suddenly.”
It’s one of my favorite all-time quotes. This week, we saw an example of this, but in the opposite direction. If you ask someone who was invested in nuclear stocks, “How did you get rich?”, the response might well be, “Two ways. Gradually, then suddenly… this week.”
