"This time last year it looked like we might have a standard bubble with resulting standard pain for the economy. But during the year, the bubble advanced to the category of superbubble, one of only three in modern times in U.S. equities, and the potential pain has increased accordingly. Even more dangerously for all of … Continue reading Let the Wild Rumpus Begin
Tag: markets
Over the Long Term: Good Market > Good Team
"These data points made me think about an important piece of advice that a well respected hedge fund manager once told me — most of your financial returns will come from the markets you select to invest in, rather than the actual securities you decide to hold. Another way to think about it is through … Continue reading Over the Long Term: Good Market > Good Team
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