“No one can possibly achieve any real and lasting success or get rich in business by being a conformist.” – J. Paul Getty “If you’re looking where everybody else is looking, you’re looking in the wrong spot.” – Mark Cuban, technology entrepreneur… Read More
“The worst evils mankind ever had to endure were inflicted by bad governments.” – Ludwig von Mises, economist Brock Solid. In a world seemingly infatuated with the power of central bank printing presses, Woody Brock is a refreshing iconoclast. This… Read More
“The Fed is distorting markets and risking asset bubbles by keeping real rates negative when real growth rates are positive—the excess of this moves into financial assets, as opposed to the real economy.” – Noted economist, David Rosenberg POINTS TO PONDER 1. The recent surge by… Read More
“The four most dangerous words in investing are: ‘this time it’s different.’ “ – Sir John Templeton “The stock market is a no-called-strike game. You don’t have to swing at everything–you can wait for your pitch. The problem when you’re a money manager is that your fans keep yelling,… Read More
“Better three hours too soon than a minute too late.” – William Shakespeare POINTS TO PONDER 1. A recurring EVA subject of late has been the vulnerability of the lowest-rated bonds due to unrealistically puny yields, as a result of investors pushing the safety envelope in search of… Read More
“I don’t want to go from wild turkey to cold turkey.” – Richard Fisher, Dallas Fed President, referring to the end of the Fed’s ultra-easy money policies “The problem with fellows [like central bankers], who believe that the markets cannot be left alone and need to be managed when… Read More
“It’s funny. All you have to do is say something nobody understands and they’ll do practically anything you want them to.” – J.D. Salinger, The Catcher in the Rye “The investor’s chief problem—and even his worst enemy—is likely to be himself.” – Benjamin Graham, Warren Buffett’s mentor POINTS… Read More
“If the only reason you find for doing something is because others are doing it then that’s not good enough.” – Warren Buffett Rebels with a cause. Fortunately for our sanity and overall life enjoyment, we’ve all met a few… Read More
“People can foresee the future only when it coincides with their own wishes, and the most grossly obvious facts can be ignored when they are unwelcome.” – George Orwell POINTS TO PONDER 1. Although Evergreen remains convinced that the riskier parts of the US… Read More
“Watching neighbors get rich at the end of a bubble while you sit it out patiently is pure torture.” – Jeremy Grantham, co-founder of $117 billion money manager GMO He who laughs last, laughs best. We all have our secret… Read More
