Don’t buy it. For months now the debate has been over whether America will have a hard landing or soft landing, the answer hinging on how big 2007’s housing disaster turns out to be. Well, there won’t be any housing…
“Active managers who ignore the momentum effect do so at their peril.” – Paul Marsh, Emeritus Professor of Finance, London Business School, study co-author “Every object in a state of uniform motion tends to remain in that state of motion…
“I can’t say people will get rich on it, but I would rather be safe than sorry.” – Walter Schloss, on his recommendation of insurance company CNA Financial 91 year old Walter Schloss may not be as famous as Warren Buffet but…
“…. the basic forces that propel markets your editor believes to be momentum and value…..” – James Picerno, “A Short Treatise For A Two-Factor World”, May 14, 2007, The Capital Spectator “In 2007, by far the biggest driver of US…
“If you put a thousand people in barrels and push them over Niagara Falls, some of them will survive. And if you take those guys and push them over again, some of them will survive. And they’ll write books about…
“If you have a good gain in your stock and it has become fully valued based on your analysis, then take your gains and look for another strong company to invest in.” – Brent Wilsey, Wilsey Asset Management, “Buy and…
I read on WSJ.com this morning that Murdoch plans to make WSJ.com free because doing so would increase readership from 1 million to 10-15 million worldwide, attract big advertisers and be more profitable (subscription required – not for long!!!). But…
Yesterday (Tue 11/6) the most popular article on MarketWatch was Mark Hulbert’s “Do you have the guts? Being a contrarian takes guts, like buying Citigroup stock”. Hulbert begins this way: OK, all of you who claim to be contrarian investors:…
Kirk this morning put up the interview Stocks & Commodities Magazine recently did with him. Lots of interesting stuff such as why he decided to become a full time independent trader, why he decided to get out of the newsletter…
50 years ago today one of the truly great books of the 20th century was published: Ayn Rand’s Atlas Shrugged. The hostility evoked by any mention of Rand’s name is of course a given. But at root Rand’s ideas celebrated…