Human nature does not change. Going back at least to the time of Moses we see humans letting their emotions getting in the way of sound decision making. The Israelites were slaves in Egypt for hundreds of years and saw miracles from God that led to their release from Egypt.
“The intelligent investor is a realist who sells to optimists and buys from pessimists.”
― Benjamin Graham, The Intelligent Investor
This weekend while browsing the “Nerd Links” I came across the monthly update on valuations from Advisor Perspectives. I found myself thinking, “what’s the
While the news media celebrates a drop in the unemployment rate & the stock market continues to party like it’s 1999 (or 1982), it seems most pundits, politicians, and Wall Street executives continue to be disconnected from what is happening on Main Street.
It is true, we
Everyone is back from their Thanksgiving holiday so we are now seeing market participants turning their focus to the rest of 2016 and beyond. The overwhelming consensus seems to be a Trump Presidency will lead to years of strong growth and we are seeing market participants adjusting their portfolios accordingly.
It is clear from the recent election campaign that our country is deeply divided. As I often remind those attending my seminars, our country has faced a far bigger divide and somehow overcame it. On this Thanksgiving weekend, I would encourage everyone to take some time to read the original