Contrarian Killer

Markets just don’t seem to go down anymore, and valuations don’t seem to matter anymore either. And that makes this one of the most unusual and uncomfortable markets I’ve been in. I call this market the Contrarian Killer. That’s because every valuation metric that mattered in the past that had led to a precipitous decline…

We Live In Interesting Times

There is an ironic blessing, which some consider a curse, that goes, “May you live in interesting times.” The implication is that uninteresting times are usually marked by peace and tranquility, and are therefore more preferable to interesting times, which can often be characterized by upheaval and surprise. With the state of the political landscape,…