“Investing when something is undervalued and waiting for a return to normal valuation is called investment. Waiting to move from fairly valued to overvalued is called speculation.” – CHARLES GAVE POINTS TO PONDER 1. The February 3rd EVA noted the persistent drop in US retail sales over… Read More
“This is about as serious and difficult an environment as I have experienced in my career…At times like this, it is more important to survive than to get rich.” -BILLIONAIRE INVESTOR GEORGE SOROS. “I have never been as scared as I am now.” -DONALD TSANG, CHIEF EXECUTIVE OFFICER… Read More
“In short, the Fed’s actions, rather than helping, are having the perverse effect of destroying the confidence of businesses and individuals and the willingness of banks to loan to anyone but those whose credit is so strong they don’t need loans.” – CHARLES SCHWAB POINTS TO PONDER… Read More
“Given the scale of the problems faced by many of the eurozone countries, it is hard to believe they won’t face further periods of extreme stress over the next couple of years.” – ARIF HUSSEIN, DIRECTOR OF ALLIANCE BERNSTEIN’S EUROPEAN FIXED INCOME RESEARCH POINTS TO PONDER 1. … Read More
“It was a year that made the smart money look dumb.” -WALL STREET JOURNAL REPORTER, JONATHAN CHENG Special message: On Thursday evening, January 26th, we will be hosting the annual Evergreen Capital forecast event. It will be held at the Hyatt Regency Hotel in Bellevue, 10500 NE 8th (the… Read More
“Liquidity does not fix insolvency.” -JOHN P. HUSSMAN, PH.D. A man who needs no introduction… This week we will be running another issue of John Mauldin’s Outside the Box newsletter as our guest EVA. As we’ve mentioned in the past, John is a… Read More
“When you do a stimulus, you should target supply-side measures that will also improve your long-term growth.” -SWEDISH FINANCE MINISTER, ANDERS BORG POINTS TO PONDER 1. Over the last five years, American consumers have methodically paid down debt. In vivid contrast, the US… Read More
“It’s not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.” -CHARLES DARWIN And now for something almost completely different. John Mauldin has become a major force in the financial media through his weekly… Read More
“When will market cycles be banished or made more muted? That’ll happen when greed, human failings and herd behavior are eliminated. Or, in other words, never.” -HOWARD MARKS, CO-FOUNDER OF OAKTREE CAPITAL MANAGEMENT POINTS TO PONDER 1. The euro currency’s fight for its… Read More
“Better an end with horror, than a horror without end.” -AN OLD GERMAN PROVERB POINTS TO PONDER When titans, and their egos, collide. Just a few miles up the hill from the race track where, as Bing Crosby used to croon,… Read More
