The Great Crash of 2009
Last week I went in search of the intellectual case for a sustained bull market. Most of the investors who responded liked the logic, but some felt I should give the bearish case more of an airing. It may take a while, but casting around for bearish ideas (they aren’t, frankly, too hard to find) […]
No news is good news
Hal Varian, a professor at the University of California, explains how investors as a group do worse than the market. He quotes research from Ilia D Dichev of the University of Michigan, which shows:
An investor who bought a value-weighted portfolio of stocks in the New York Stock Exchange and American Stock Exchange in 1926 and […]
Sell in May, trumped
A common theme in the financial press at this time of the year is the evaluation of the old market saying, “sell in May and go away.” Here at Interactive Investor we’re no exception. If analyst and author Peter Temple’s not selling, he’s thinking twice about buying. He thinks there could be double trouble in […]
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