Posts filed under “Investing”
Julian Robertson predicts trouble ahead (May 2005):
click for video
"I am more disturbed than I have ever been in my investment life."
He believes the U.S. consumer is all but exhausted (see yesterday’s comments on the same subject) , that the effort will be made to "inflate our way out."
He notes a soft landing is possible, but ala Japan, it could involve years of flat or no growth.
Hat tip: Random Roger
Nice piece by BMO Nesbitt on why investors fail: “Individuals have historically underperformed the markets, earning just 2.6% vs. the S&P 500 gain of 12.2% between 1984 and the end of 2002*. Research in the U.S. has shown that this dramatic underperformance comes as a direct result of client behaviour, or more specifically, the attempt…Read More
Here’s an alternative investment: finely wrought and meticulously maintained sheet metal. The Old Westbury Garden Antique Auto Show 1957 Buick 88 There were over 400 autos here, so I limited my photo taking to only 100 cars; My interests tend towards the 1940s and 1950s era designs. Be forewarned — this is a giant time…Read More