Preview
Well folks, we have decided to put our two cents in. |
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Well folks, anyone tired of the routine gamut of spectator sports, Hollywood productions, and TV re-runs now has two grand opportunities for "free" entertainment. |
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We have written many times about this issue, but we think it is time for a fresh look, given a series of significant economic and market developments. |
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In considering this crucial question, a quotation comes to mind. |
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The collapse of Fannie/Freddie, averted solely via the US government bailout, demonstrates beyond question one profoundly important truth. |
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The answer to this rather important question, we believe, is in substantial measure likely to be a function of what we term "The Permanent Opearating Factors." |
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The movement of the political season into its crescendo stage provides ample illustration of the negative achievement of American politicians of all political stripes, in our somber judgment. |
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"The road to hell is paved with good intentions." "Beware you get what you wish for." "Events go their own way." These -- and analogous aphorisms -- are TRUE. |
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One of the endlessly repeated shibboleths of the "investment community" is: buy stocks for the "long run." |
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Well folks, that's an easy one. |
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