Values Have Dropped Less than 25% of the Fall Required to Reach Trend Status [View article]
Asset values behave in a lognormal manner, not linear. Any long-term chart using linear rather than exponential extrapolation shows a basic misunderstanding of price behaviour.
Plot the chart again using a log scale for prices, and everything will make more sense, and will, not surprisingly, coincide much better with reality.
Value Investors, Remember Margin of Safety [View article]
'friend',
Parking within 15 feet of a fire hydrant is also unlawful and ought to be policed, but neither this practice nor naked shorting have anything to do with the article or the stability of the US economy.
Values Have Dropped Less than 25% of the Fall Required to Reach Trend Status [View article]
Plot the chart again using a log scale for prices, and everything will make more sense, and will, not surprisingly, coincide much better with reality.
All That's Wrong with the AIG Bailout [View article]
When has the government taken control of Lehman Brothers? That's news to me, as it must be to most readers.
Value Investors, Remember Margin of Safety [View article]
Value Investors, Remember Margin of Safety [View article]
Parking within 15 feet of a fire hydrant is also unlawful and ought to be policed, but neither this practice nor naked shorting have anything to do with the article or the stability of the US economy.