Paul D. Castro, CFA

Barry Ritholtz Wants Investors to Stay Cautious

Of course Barry wants investors to stay cautious. Barry's behind the curve. Each of the major indexes (DJIA, S&P, Nasdaq) have recently bested their February 1 highs and appear to have embarked on a new uptrend. The longer investors stay cautious the longer Barry can play catch-up. If you read between the lines Barry is saying "this time is different", the 4 most dangerous words throughout the history of investing.

I used to read Barry's blog but I've stopped because he (and especially his readers who post comments) are just way too nihilistic.