AnnaH

Finally, An Encouraging Jobs Report

The apparent discrepancy could of course also be due to fewer jobs and decreased labor force participation (discouraged workers) at the same time.

Finally, An Encouraging Jobs Report

I see some people are having trouble reconciling the non-farm payrolls number with the unemployment rate.
These numbers actually come from two different surveys.
The establishment survey, which comes from a sample of around 400,000 businesses across the US, is the one that produces the non-farm payrolls statistic.
The household survey samples around 60,000 households and gives us the unemployment rate.

Money Supply: The Myth of Hyperinflation

Johnny, I think we basically agree. I think the main difference is the time factor and when an increase in the money supply shows as an increase in the prices of goods and services. If you believe that there is a perfect correlation between changes in the money supply and price levels (which I believe is reasonable if you allow for some adjustment time) then whether you define inflation as a change in the money supply or an increase in overall prices in the economy doesn't really matter too much unless you want to account for the time lag.
Do I understand you correctly?

Money Supply: The Myth of Hyperinflation

I was not trying to be sarcastic - I'm just curious if Johnny Oxygen dismisses the most widely accepted definition of inflation.
I have always thought the most common definition of inflation to be some measure of the change in the overall price level in the economy. The most widely watched measure of that is the CPI. I know that measure has various flaws.
I was only wondering if he considered the more accurate inflation indicator to be simply the change in the money supply. I have always thought changes in the money supply could affect inflation, not that changes in the money supply were the definition of inflation.

Money Supply: The Myth of Hyperinflation

Oops that was not supposed to be a ticker for Capital Properties Inc. I was referring to the Consumer Price Index of course.

Money Supply: The Myth of Hyperinflation

Johnny Oxygen, do you not accept the most common definition of inflation - a rise in the overall price level in the economy as measured by an index, a basket of goods and services provided in that economy (CPI)?

Money Supply: The Myth of Hyperinflation

I feel people writing articles about inflation vs. deflation need to specify some time horizon. I find it perfectly reasonable to expect deflation in the short term due to decreased demand in various markets, but inflation farther ahead due to what most everyone would call an inflationary monetary policy. Just because CPI does not indicate high inflation right now does not mean that inflation is "in check" and not around the corner.

Leaving a Miserable Trade and How to Avoid Future Problems

User 434014, so you would call holding a position for 323 days long term investing? If so, I disagree. Also, when the predetermined rule was to exit on the sell signal and there was no stop loss rule in place, how would abandoning the predetermined rule and making up a new one midway through be more disciplined?

'Buy and Hold' Is Alive and Well

Great post, some very strange comments. It looks like everyone has the benefit of hindsight, but no one is willing to look further into the future than a few months.

Lara, being successful in long-term investing does not require perfect foresight or the ability to predict exactly when certain events will occur, such as crises or when the market has increased by x%. No one has that ability. Of course you can have shorter-term strategies within your longer-term investment time frame to hedge your bets if you suspect things might go sour for a while. Also, no one would recommend that you hold if you have lost faith in the fundamental value of your investment.

Mr. Boater, "Your subject is foolish and naive.... Money is made in the mid-term--and don't you all forget it." Money is made in the mid-term, what does that even mean?
Why do you think the subject of long-term investing is foolish and naive?

It seems like some people can barely grasp the concept of investing, let alone distinguish between trading and investing.

Apparently those same people have lost faith in the profitability of companies in general and/or equity as a viable way to share in those profits. This is extremely short-sighted and very difficult to rationalize.

I suppose we also saw the death of equities in 1979?