you_can_call_me_Al

An Optimist Looks at the Market

To those of you who believe that now is the time to invest because everyone is fearful, you may want to think that through. It's true that everyone is pessimistic at the bottom of the market, but they're also pessimistic on the way down. That little fact escapes folks looking to make clever summations.

Just because everyone believes something doesn't mean it isn't true.