Investors today are dealing with a variety of calculation problems when attempting to determine if stocks
are attractive values. Some of the more common ratios and statistical measures that investors regularly employ to value businesses
become skewed in an economic downturn.
You’ve heard all the nonsense from the mainline advisers and brokers. They say a buy-and-hold approach is the answer, the
market always comes back, and diversified investing is the key to long-term success. You are starting to get the sense that it’s all bull. Here’s why.
The city is just beginning to digest the news that came out of left field regarding Indianapolis Water Co.’s bond transaction gone wild.
A healthy economy can only be sustained under a true free-market capitalist society of producers and savers.
The economic downturn has provided shareholders an opportunity to press for change
on a variety of corporate governance issues.
Stop paying attention to the news and keep in mind that the stock market is only a tool for you to use to make money.
Since people must have confidence in the financial system for it to function properly, it is incumbent upon our leaders to
take action and assure the people their money is safe.
I don’t think this bear can last another 17 months, because if it did, it would have a longer life than the greatest bear
market in our history.
As Ben Graham said in his Mr. Market allegory: “The market is there to serve you, not guide you.”
Looking past all the bad news, a forward-thinking investor should be asking: Just how cheap are U.S. stocks?
It may be that gold is now beginning to reassert itself into the role it was meant to play for manâ??the only true store of value we have ever known.
If world leaders don’t quickly demonstrate the courage to stop printing money, the long term is shot. And since that courage
isn’t likely to surface anytime soon, investors should rethink traditional strategies now.
For investors across the globe, most
would agree that 2008 was an annus horribilis. Anyone with a vague recall of Latin will arrive at the translation of "horrible year."
Liquidity is king! Stay away from long-term, illiquid commitments until the equity markets really flash sustained levels of
demand.
A large number of investors are so fearful these days that they have flocked to the safest securities, pushing down interest
rates to virtually nothing.
Increasing specialization and interdependence worldwide results in worldwide economic difficulties.
Since 1913, there has been a growing reluctance from our political leaders to allow financial setbacks in our nation to occur
in banking, and that’s been a huge mistake.
Here is something I know you don’t want to hear: This bear market isn’t over.
The stock market rout that began in September and picked up steam in October has taken some quality companies to prices that
are the cheapest they have been in decades.
Times have changed and now plan trustees must ask themselves, "Am I wiling to take the chair" and defend
my actions,
or lack thereof, in a court of law?
