This is a common question on everyone’s mind. Why are the markets rallying around the world despite all the bad news? Well there are many reasons such as injection of enormous fiscal and monetary stimulus by governments worldwide, markets look for signs of recovery (are forward looking) and many others. My intent is not to write a thesis on this but to give you a quick visual representation of the situation.
Warren Buffett once said, "Stocks often trade at foolish prices, both high and low. Efficient markets exist only in textbooks."And he couldn’t be more right.Textbooks will tell y .... Read More
The bear case always sounds intelligent in real time. It uses complex words. It quotes macro data. It predicts doom with confidence. It is wrapped in logic and delivered with .... Read More
The same is true for your investments. Many investors are obsessed with finding the next great product or chasing higher returns. They believe that adding more wi .... Read More
In investing and in life, there is one distinction that separates people who build lasting wealth from those who simply perform for the crowd.
Warren Buffett calls it the Inner .... Read More
When done correctly, investing is one of the few areas in life where you get rewarded for being lazy. By lazy, I don’t mean careless or ignorant. I mean making fe .... Read More
The same is true for your investments. Many investors are obsessed with finding the next great product or chasing higher returns. They believe that adding more wi .... Read More
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