Note: See important disclaimers below article. The earliest known bubble was the “Dutch tulip mania” in 1637 which resulted in tulips contracts being sold for more than 10 times the annual income of a skilled craftsman (according to Wikipedia). And of course, shortly thereafter, the price of tulips crashed back to normal “flower levels”. All bubbles [...]
Thursday, October 1, 2009
An “expert” is somebody who knows more and more about less and less. Keep that in mind while reading this post. A contrarian is the odd one out. As a follow up to my previous post on contrarian investing, I’d like to explain to you why a majority of investors, both in industry and personal, undergo flawed [...]
Tuesday, September 8, 2009
With the incredible rise of equities over the last few months, it feels like a very natural time to sit back and evaluate if this increase can continue in the current economy. As most of the readers will know, the DOW has been floating in the low 9000’s over the last month from an incredible [...]
Thursday, September 3, 2009
Especially for this topic, I think a quote is in order to commence: “The man who wants to lead the orchestra must turn his back on the crowd.” (James Crook) I have no idea who James Crook is, but his funny observation definitely makes you think a little bit about the way the world works. To me, [...]
Wednesday, October 7, 2009
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