General

August 23, 2013

“We all know it’s going to end badly, but in the meantime we can make some money.” -JIM CRAMER POINTS…

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August 16, 2013

“The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants…

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August 9, 2013

“A masterly retreat is itself a victory.” -NORMAN VINCENT PEALE POINTS TO PONDER 1.  Evergreen GaveKal had a cautious view…

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August 2, 2013

“Fed policy has had a distorting effect on capital allocations decisions of all kinds at virtually every level of the…

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July 26, 2013

“Buy, buy, buy, says the sign in the shop window.  Why, why, why, says the junk in the backyard?”  -PAUL…

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July 19, 2013

“Those classes of investments considered ‘best’ change from period, to period. The pathetic fallacy is what are thought to be…

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July 12, 2013

“Money does not create wealth. Wealth creates money.” -CHARLES GAVE Wanted:  Market strategist, one arm missing. It wasn’t just Dr. Richard…

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June 28, 2013

“Frankly, I view the present course of monetary policy as reckless—not because it threatens inflation (which I don’t think it…

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June 21, 2013

“You can always count on Americans to do the right thing—once they’ve tried everything else.” -WINSTON CHURCHILL Special message: Several…

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June 14, 2013

“The great traders that I’ve known would joke about how their emotions would push them to do the wrong thing. …

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June 7, 2013

“If you are not confused about the economy, you don’t understand it very well.”  -CHARLIE MUNGER, Warren Buffett’s sidekick at…

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May 31, 2013

“Just because a reversal of something unsustainable hasn’t happened yet, doesn’t mean it won’t.” -SUPER INVESTOR, SETH KLARMAN There they…

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