I haven’t written a Bulls vs. Bears post in a while. Given the tremendous stock market run from the end of last year through the end of the first quarter of this year, it seems like a good time to assess the current position of the markets. I recently read two articles which, on the…
It’s hard to believe 2011 is already winding down. Soon we’ll be busy with holiday preparations, year end reviews and goals for 2012. It’s been a beautiful fall in our new city and I look forward to experiencing Christmas here for the first time. Now ~ 1. Where to find a tree? & 2. Where…
No one knows what they’ll do in a moment of crisis and hypothetical questions get hypothetical answers. ~Joan Baez When I wrote Another Bear Market: Is It Time to Buy? earlier this week, I tried to summarize the current bull and bear points of view. I also promised to write about how we’re approaching the…
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…
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…
Most of us can read the writing on the wall; we just assume it’s addressed to someone else. ~Ivern Ball Market and economic commentary over the past few months has contained numerous references to walls. Setting aside the irony of the fact that the seat of American capitalism rests on Wall Street, we’ve also heard…
The following is Part Two of a two-part guest post from Rob Bennett. The first part (How to Use Valuation-Informed Indexing – Part One) was published on Monday. (Schedule Note: I will be taking Friday off, so there won’t be a new post until Monday.) The valuation metric (P/E10 — the price of an index…
The following is Part One of a two-part guest post from Rob Bennett. I asked Rob a couple of questions in a comment the other day and he was kind enough to answer them in the form of these two articles. My thanks to him for taking the time to do this. I found this…
