“Bear Market: a time when most people lose what they may have accidentally gained in the bull market.”
“Savings: the money people had before they started trying to invest it.”
“Long-term investor: patient fool; someone who should have sold a little sooner.”
“Stockbroker: salesman for stocks, bonds, mutual funds etc., a person who will never go broke.”
“Hot stock: stock everybody is buying; what your brokerage firm calls any stock it wants to sell.”
—Excerpts from A Fool's Glossary: A Fool and His Money. John Rothchild (Penguin, 1988)
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Cory’s Chart Corner
Many will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Danielle’s Book
Media Reviews
“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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