Monthly Archives: May 2009

Over-supply is a harsh condition. Demand destruction is part of the self-correcting mechanism, but sometimes over-supply is so extreme, once-hot commodities become a burden to store and are literally sent to the scrap pile. Given that most of the people … Continue reading →

This month, Time magazine published its 5th annual list of the leaders, thinkers, heroes, artists and scientists who were most influential in 2008. You can scroll through one page articles on each nominee on the web site. I find it … Continue reading →

Fellow portfolio manager, John Hussman of Hussman funds is one of my favourite market commentators. His weekly market comment is especially on point this week: “Comfortable with uncertainty.” Although Hussman's methodology is different than my firms, our stated investment objectives … Continue reading →