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A couple months ago, we argued in this newsletter that greed was just as scary in the market as fear. The market that month had gone way up without a rational reason. Now we come to this month. In the … Continue reading
A couple months ago, we argued in this newsletter that greed was just as scary in the market as fear. The market that month had gone way up without a rational reason. Now we come to this month. In the … Continue reading
It has been a fabulous month. Portfolios are way up. Of course, we consider fabulous months to be just as scary as crappy months. Greed is equal in danger to fear. When the market moves because of irrational emotion, it … Continue reading