“Wrong Side of the Wave” Stock Market (and Sentiment Results)…

Last week, my family and I took a trip out to visit friends in Whitefish, MT for a long weekend.  We had an amazing time. On the first day we went out on the lake and both me and my daughters learned how to ski behind the boat.  I was able to get up and surf for a reasonable amount of time, but being on the “wrong side of the wave” made balancing harder than it needed to be:

Continue reading ““Wrong Side of the Wave” Stock Market (and Sentiment Results)…”

The “Better Than Feared” Stock Market (and Sentiment Results)…

Philip Vassiliou, the CIO of Legatum (who we interviewed a few weeks ago here), thoughtfully sent me this great note on Wednesday – written by another investing legend Howard Marks.  I’ve read Howard’s notes over the years, but this was one of the best.  The most important lines for me were: Continue reading “The “Better Than Feared” Stock Market (and Sentiment Results)…”

“As Bad As It Gets” Stock Market (and Sentiment Results)…

In 1997, Jack Nicholson co-starred with Helen Hunt in a movie called, “As Good As it Gets.”  When it comes to markets, you want to be a SELLER when things are “As Good As it Gets.”  However, it pays to be a BUYER when things are “As Bad As it Gets.” Continue reading ““As Bad As It Gets” Stock Market (and Sentiment Results)…”

The G7 “Double Down” Stock Market (and Sentiment Results)…

Einstein once said, “The definition of insanity is doing the same thing over and over and expecting different results.”  That’s exactly what the G7 decided to do when they published their communique on Tuesday and drove the Dow down ~500 points and energy prices UP. Continue reading “The G7 “Double Down” Stock Market (and Sentiment Results)…”