HKI

Please Close the Markets

What kind of stupid idea is this? Close the markets?

Here is a suggestion. Stop looking at the stock prices and close the market for "YOURSELF". The market price is there for people to buy and sell. And if you don't intend to do either and doesn't have the psychological make-up to follow its ups and downs, stop looking at it. Go do something useful like writing a thoughtful article on seekingalpha. But this article certainly isn't one of them.

The Death of Stocks

Always amazed at what people would say based on the last 3 months. Death of stock? Pick up a history book please. Over the last 200 years, stock is the best performing asset class globally generating the best real returns. Don't take my words for it. Look up some academic research.

And thank you for this headline. This does make me feel we are getting close to the bottom. Just a couple more like this and it is time for the value guys to buy.