Just in time for Christmas
Having listened to a lot of the drivel that is being sprouted as expert commentary over the past few days I thought this rather neatly summed up the standard of comments.
I have just returned from a rather extended breakfast with someone to find that the market has continued to crap itself. You might ask how I can only just be getting back from brekky at 11.30 – surely I would have been in front of the screen from first light. Nope……not a chance, but I…Details
Every now and again you come across an article by accident that requires a detailed comment other than the usual simple dismissive. Over the weekend I came across the following article in The Age – parts of it cried out for comment. THE stockmarket rout has wiped an estimated $30 billion from Australian superannuation funds…Details
This is probably quite topical given the developments of the past few days. BRADLEY ALFORD, a money manager in Atlanta, just hit the panic button. No, really. Mr. Alford just hit the key on his computer that initiates the Wall Street equivalent of the nuclear option: Sell everything. He was acting on orders from two…Details
I got dropped this quote early this morning and asked to comment on it – • During a secular bear market, an investor’s job is to manage risk and preserve capital. • During a secular bull market, it is to maximize return. As a starting point I tend to agree with the overall tactical philosophy…Details