Volatility index of 50+ shows extreme market panic. We are hanging around 50 now. It would indicate a great time to buy stocks in great companies, and hold your breath. I’m getting close to a buy point. Maoxian ” Historical … Continue reading
Volatility index of 50+ shows extreme market panic. We are hanging around 50 now. It would indicate a great time to buy stocks in great companies, and hold your breath. I’m getting close to a buy point. Maoxian » Historical … Continue reading
I love this quote: “Buffett once told me there are three ‘I’s in every cycle. The ‘innovator,’ that’s the first ‘I.’ After the innovator comes the ‘imitator.’ And after the imitator in the cycle comes the idiot.” -Theodore Forstmann, quoting … Continue reading
I thought a lot about my mom today. Julie and her friend were talking about something that happened a few years ago, and they couldn’t remember what year it occurred. I said “well that was before my mom passed away, … Continue reading
good advice from the WSJ: Experiments by psychologist Paul Andreassen have shown that the more news that investors get on their holdings, the more they trade and the lower the returns they earn. When your head is stuck in the … Continue reading