Buy The Banks?

January 18, 2012

Bank stock prices have increased significantly over the past couple of months. In fact, the Financials sector of the S&P 500 has been up more than any other sector since [...]

Put Emotions Aside!

November 2, 2011

I am a Trustee for a philanthropic institution which has an investment portfolio worth several hundred million dollars. This morning, I attended an Investment Committee [...]

Absolutely Wrong

August 17, 2011

Absolutists, extremists, and strict dogmatists all worry me. Each forgoes the shading of his personal interpretations in lieu of strictly accepted criteria. All are [...]

Weathering the Storm

August 11, 2011

Referring to the recent developments in the stock market as unpleasant is like referring to the Japanese attack on Pearl Harbor as unpleasant. This is as rough and volatile a [...]

614 Points in 7 Days

May 11, 2011

Markets are moving around a lot. After peaking at 12,875 on May 2nd, the Dow Jones Industrial Average cascaded steadily to a nadir of 12,521 on May 5th, only to rebound to a [...]

Ignore the Noise!

July 21, 2010

Market sentiment has been highly volatile lately. Unbridled optimism is abruptly replaced by fatalism in the blink of an eye as traders react to the news of the day. The Dow [...]