Monthly Archives: February 2013

We are living in the midst of anarchy and madness in capital markets. From an investment perspective most asset prices today are utterly unattractive. Candy coating this truth serves no one in the long run. As long-term risk manager Jeremy … Continue reading →

Robert Shiller, Yale economist who warned of the housing bubble before it burst, offers some sober thoughts on home prices. Here is a direct link.

This clip is a beauty…sounds exactly like the mainstream fare filling the airwaves today.  These are the same confident fools who saw only upside in 2000 as well. Both times, stocks went on to lose 50%+ over the next year … Continue reading →