I do not remember the last day where I didn’t hear at least one person call for a major stock market correction. Sometimes, it comes from normal, every day folks….and other times, it comes from so called “experts.”
Wall Street Steward Blog
“I only buy real estate because it is REAL.”
“They aren’t making any more land.”
“I can feel it, touch it, see it, so I know it has value.”
“People with real money buy real estate.”
Dow 3,000! The end is near!! Get out while you still have time! Now that we have gotten the scare tactics out of the way, let’s have a knowledgeable conversation.
I know that financial experts say it’s best to be debt free, but when it comes to paying off a mortgage, that may not be the best move.
Ok, let’s simplify this. Beta is “market return,” while Alpha is “value added return.”
I promise I do not make this stuff up. This is a conversation that occurred earlier this week. No names, of course. Not only are the actual words included, but my thoughts are thrown in for a little entertainment.
Great video piece describing the mindset of investors and using the analogy of a shark attack. Thank you Franklin Templeton for this – helps keep things in perspective.
Remember Maverick singing this Righteous Brothers classic to “Callsign Charlie” in Top Gun?
Backtesting is a beautiful thing….or, it can be a horrible thing. It depends on which side of the table you are sitting on.