The Big Whoosh Down Is Yesterday's Story. The Death Of Hope Amid The Cold Dark Ruin And The Eventual Recovery Is The Future's Story. Watching Successive Rallys And Faceplants Is What We Do While We Wait...
Friday, January 30, 2009, 04:19 PM
Our activity as investors is not to try to identify tops and bottoms - it is to constantly align our exposure to risk in proportion to the return that we can expect from that risk, given prevailing evidence. -- John Hussman
I've got "How I Run My 401a Part 3" posted below in the previous week's entry....
Keep this in mind the next time someone in a position of authority tells you something about your money. It could very well be that what they say is true. Or not....