A Large Bubble in Search of a Large Pin We have been telling you for a long time that markets are expensive. This week, they got a little cheaper. Is it over? Yes and no. Markets don’t go down in straight lines and this market is very oversold on a short-term basis, so a rally […]
Valuations Only Matter on the Way Down The long-term investing lessons still apply. Like a game of musical chairs, you never know when the music will stop. Attempting to time markets is a hope, not a strategy. In our view, the better option is to keep your risks balanced and allow markets to give the […]
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