In the midst of the financial crisis in October 2008, Buffett published this editorial in the New York Times. I keep saying this won’t be a Buffett fan site or anything like that, but I do think this is an important editorial that applies today too and I thought I would post it here, ‘for…
Tag: investing
Theme Investing, Good Idea?
When you have been in the investment world for a long time, you realize that every era, people get caught up in all sorts of ‘themes’ and ‘stories’. Back in the early 80s, it was technology. There was a technology boom that ended in a bust. This happened in the 60s too, with many companies…
The Perils of Trying to Time the Market
There has been a lot of bearish talk lately (or in the past few years) about how hopeless things are. Someone posted a link to a very well done analysis by Comstock Partners. The conclusion was that there is too much debt around the world, soveriegn debt is a big problem, consumers have too much…
Are Stocks Still Good Investments?
Stocks have had a really bad run this past decade with two big bear markets and one of the biggest crises since the Great Depression. We seem not to be out of that one with unemployment still way up there and Europe about to blow up completely. So it’s natural for people to hate stocks…