“Change is the law of life. And those who look only to the past or present are certain to miss the future.” – John F. Kennedy November may not have included Christmas, but it certainly left investors feeling thankful. The best single month for the Dow Jones Industrial Average...
“When we make the unfamiliar familiar, make the unknown known, make the uncomfortable comfortable…we can then expect the unexpected” – James K. Glassman The writer of the article in Friday, October 30th’s Wall Street Journal was clearly mystified. Even the headline for the article...
“Don’t try hard to explain, but try hard to prove it.” – Abhiyanda B Observers of the market have long been divided between those who believe the stock market is a mirror reflecting the image of the state of the economic and financial environment to the world, the fundamentalists, and...
“The high demand for the asset is generated by the public memory of high past returns, and the optimism those high returns generate for the future. The feedback can amplify positive forces affecting the market…” -Robert Shiller The headlines of the stories detailing the stock...
“We can complain because rose bushes have thorns, or rejoice because thorns have roses.” Alphonse Karr, “A Tour Round My Garden” Most investors have experienced a journey this past seven months resembling a round trip returning them to where they were at the onset of the year. Since...
“It is wiser to find out than to suppose.” – Mark Twain The morning’s Wall Street Journal is a sort of caricature of how similar our current perception of reality resembles that of a clam shell, joined together with a modest amount of membrane but more separate that together. The...
“Chaos is merely order waiting to be deciphered” – Jose Saramago, “The Double” May was merry for stock market investors as the S&P posted a +4.8% return with both small cap stocks and NASDAQ doing better still with returns of 6.5% and 6.9% respectively. Though March...
