If I had a formula for bypassing trouble, I would not pass it round. Trouble creates a capacity to handle it. I don’t embrace trouble; that’s as bad as treating it as an enemy. But I do say meet it as a friend, for you’ll see a lot of it and had better be on…
The conventional view serves to protect us from the painful job of thinking. ~J.K. Galbraith A recent article in the Globe and Mail delivered the following advice to investors: Don’t Let a Fear of Bonds Infect Your Healthy Portfolio. The implications are clear: 1. Concerns about ultra-low interest rates eventually turning higher are overblown. 2….
Never accept the proposition that just because a solution satisfies a problem, that it must be the only solution. ~Raymond E. Feist Update: This article was featured in the Totally Money Carnival at Family Money Values. Thanks! A recent article in Money Sense magazine offered some data on investment returns for the publication’s preferred investment…
Prosperity is a great teacher; adversity is a greater. ~William Hazlitt If you believe the opening quote, we are in for some great lessons – at least according to Felix Zulauf of Zulauf Asset Management in Switzerland. The transcript of a recent interview with him was published by McAlvany Weekly Commentary. It is optimistically entitled…
Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime. Teach a man to create an artificial shortage of fish and he will eat steak. ~Jay Leno Today’s quote illustrates why it’s so hard to invest in markets. There are so…
A bank is a place that will lend you money if you can prove that you don’t need it. ~Bob Hope This is an excerpt of an article that was originally published on Seeking Alpha as premium content. You can read the entire article there. The old joke from Bob Hope in today’s opening quote…
The market every now and then needs a day or two to rest. Maybe even more than a day or two. But over the next 12 to 18 months I expect to see Dow 20,000. ~ James Altucher I haven’t done a Friday Food for Thought article since the beginning of March. For those who…
The future is an opaque mirror. Anyone who tries to look into it sees nothing but the dim outlines of an old and worried face. ~Jim Bishop Most people would agree that it’s pure folly to try to predict the future – especially that of the financial markets. And yet we don’t want to invest…
