raising4daughters

Buffett and Cramer Agree: It's Time to Buy Stocks

At Dow 8500, we're back on the long-term trend line of 6-7% growth, right where we'd be if not for the stock bubble that began in the mid-90s. The probabilities of further stock market growth were dependent solely on multiple expansion, and those probabilities were growing smaller and smaller. Now it's a coin flip. Short-term, my guess (and I freely admit it's a guess) is that we'll stay below the short-term trend line. Maybe a year, two, or more. But, below Dow 8,500, US equity investors will be rewarded over the next decade.

Quitting the Hedge Fund Game - Mark Sellers

Right on, roger maxims. The moneychangers and corrupt civil servants in the Repblicrat Party got their seats in the game of musical financial chairs.

If we aren't there yet, anger will turn into apathy and indifference. Then and only then will we have a bottom, but we need WAY more blood returned from the bloodsuckers like Sellers.

As for the corrupt civil servants, anyone that votes for a single incumbent is a fool and deserves whatever comes to them.

Buffett on the Credit Crisis: 'An Economic Pearl Harbor'

Amazing. This guy has made billions and has seen everything in his 80+ years. He actually sounds mildly bullish on this country (admittedly, he's been clear that there's still some bad medicine coming). Everyone, and I mean everyone, is telling us that the sky is falling and that we're headed for GD2.0.

When everyone is one one side and Buffet is on the other, it tells me that we're less than 1 year from the bottom.