merkhet Posted April 17, 2013 Posted April 17, 2013 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 April 17, 2013 Posted April 17, 2013 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
twacowfca Posted April 17, 2013 Posted April 17, 2013 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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