Interesting chart and piece by Josh Brown at The Reformed Broker showing that there is nothing special about the collapse in oil.
Particularly relevant for those of us who are getting on a bit. Robert Aronowitz, a historian of medicine and medical doctor at the University of Pennsylvania, points out that when drug companies are able to treat people who might become sick, as opposed to patients with symptoms, the market is a lot larger. Once put into the…Details
Download the pdf to your desktop to view charts in their highest resolution.
For your edification I bring you two articles. Firstly, a series of predictions made by Saxo Bank economists. Secondly, and more sensibly a piece that rightly asks – where are the economists yachts? Once you have read the first article you will automatically know the answer to the question posed in the second article.
So they took a look at the data on Darwin Award winners over the past 20 years, from 1995 to 2014. This is excellent data to work with. The winning event must be verified, winners must “show an astounding misapplication of common sense,” the winners must be both capable of making good decisions — and…Details
These are my last words on this topic I promise. We have learnt that merely taking the average annualised return for an index and then back dating that figure to achieve a hypothetical magical figure is naive and reflects a tremendous lack of knowledge as to how markets work. Likewise suggesting that someone simply buy all…Details
I was thinking of the results I was able to generate in part one and have come the conclusion that they flatter the basic premise of achieving the same return as the accumulation index. Remember, the basic premise was you simply bought the index and hung on – it is referred to in the piece…Details