Why Not to Panic about Europe

I feel no panic about Europe. This is a typical test.  Every long-term investor considers the question of risk tolerance and understands that markets will fluctuate for mysterious reasons.  So far, so good. Then, when the event actually happens, it is accompanied by a cacophony of fear mongers — all claiming that this is "the […]

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Weighing the Week Ahead: Here Come the Candidates!

In a light week for economic data, we can expect more attention to elections both in Europe and the US. Political activity provides both an opportunity and a trap for most investors.  It is so easy to use our own electoral preferences in forming conclusions about economic and investment prospects. Just as Democrats did when […]

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Do You Adjust Your Price Targets?

I hate static price targets!  Hate them! Most of the research we read or see on TV is a bureaucratized and sanitized version of analysis.  The firm determines something, and that is the official version for public consumption.  Those who pay no attention to changing conditions add no value for investors. Did you notice that […]

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