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Posted

It seems like recently there are a lot of people waxing philosophical about macroeconomics and/or where the stock market as a whole is going.  What's the deal?  Why the sudden influx?

Guest longinvestor
Posted

Negative bias at the Fairfax meeting/s where many here were in attendance!

 

Reminded of a joke by Warren some years ago.

 

An ex-oil driller / investor is enjoying for himself the goodies in heaven and then a whole bunch of other oil barons are about to join him and worried about sharing, he loudly proclaims " They just stuck oil in hell". Promptly, they all turn around and go the other way.

 

A short while later he also follows them, thinking "Who knows, there may be some truth in that rumour after all!" ;D

Posted

A flood of macro views on this board or by pundits with hypergraphia (think Tilson) signals a paucity of compelling investment ideas: a yellow flag if not a red one for future returns.  ???

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