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.
Morgan Housel shares a telling story in his book The Art of Spending Money.“Entrepreneur David Siegel once built a 90,000 sq. ft. house in Florida. Asked why he was building suc .... Read More
What’s more important?That the market is down 3 percent today?Or that it is up over 1400 percent in the last 20 years?That you found the next hot stock?Or that you .... 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
Many of you loved the “When a Slipper Becomes a Selfie Stick” post.
A reader wrote, “This reminded me that happiness is not hidden in zeros, possessions, or polished picture .... Read More
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
Most investors spend their lives asking the wrong questions.Is this the right time to invest?Which investment will give me the best returns?Where is the market head .... Read More
0 Comments