Still dancing?
“Bubbles are the only things that matter. The rest of it is boring. You show up for work, markets are at normal levels, and…
All out of bubblegum
“I have come here to chew bubblegum and kick ass. And I’m all out of bubblegum.” – ‘Nada’ (Roddy Piper) in the film ‘They…
Goldhead revisited
The following article first appeared in the print edition of The Spectator magazine, dated 4 May 2013. Few assets are more misunderstood than gold….
Investing in the right place
“That men do not learn very much from the lessons of history is the most important of all the lessons of history.” – Aldous…
Rigged
“One woman, who declined to give her name but said she is almost 80, invested RMB 20,000 ($3,200) when the market was at 5,000…
Bull in a China shock
“No warning can save people determined to grow suddenly rich.” – Lord Overstone. History, wrote John W. Campbell Jr., doesn’t always repeat itself. Sometimes…
The only game worth playing
“I cannot leave this subject as though its just treatment wholly depended either on our own pledges or economic facts. The policy of reducing…
The only thing we have to fear..
“Let me be clear on one point: I can’t predict the short-term movements of the stock market. I haven’t the faintest idea as to…
News from the richest country on earth
“The co-authors began working on this book in 1974, just after the termination of President Nixon’s controls in the United States. Since that time,…
Such terrible suspense
“This suspense is terrible. I hope it will last.” – Oscar Wilde. Is there any investor out there not suffering from crisis fatigue…