June 2009
June 23, 2009 –
So I just returned from a long weekend at the beach--tanned, relaxed, and still covered in sand. Even a 3% drop in the market isn't going to ruin my good mood. I almost want to argue that gloomy world bank forecasts are proof positive that the short term green shoots are for real, notwitstanding the very real threat that rising unemployment and softening consumer demand will freeze and kill the potential blooms that we think we're seeing in the temporary easing of the credit markets and with improving consumer confidence. (Apologies to any world bank friends that I may have just offended.) [more]
June 11, 2009 –
The Great Debate
Many of you are participating in the Buy and Hold debate on Fool.com. It’s inevitable in a period of sharp market decline that the anti-buy-and-hold crowd inspires a bacchanalia ritual to liberate the long-term investing crowd from their restrained indexing and buy-for-life market strategies. But beyond the hype that accompanies a market crash, I think this is an important and enduring debate that persists throughout our investing lifetimes. It’s a debate, in my opinion, in which there’s a lot of merit on both sides, and I’m sure you will become a better investor if you are willing to challenge the conventional wisdom of either investing approach. As Buffett said about times like these, “profit from folly rather than participate in it.” [more]
June 10, 2009 –
6/10/09 CAPS Community Call: 65% of you thought that the S&P would end down for the day. At market close, the S&P was down .35% to 939.15. [more]
June 09, 2009 –
6/09/09 CAPS Community Call: 50% of you thought that the S&P would end down for the day. And 50% chose up. At market close, the S&P was up .35% to 942.43. [more]
June 08, 2009 –
* Historical Accuracy: 55% (62 for 112). Make your prediction for Tuesday's S&P 500 performance below: [more]
June 04, 2009 –
Welcome to our first All Star Portfolio Board of Directors Meeting. Our agenda for tonight: [more]
June 04, 2009 –
6/04/09 CAPS Community Call: 52% of you thought that the S&P would end down for the day. At market close, the S&P was up 1.15% to 942.46. [more]
June 03, 2009 –
6/03/09 CAPS Community Call: 54% of you thought that the S&P would end down for the day. At market close, the S&P was down 1.37% to 931.76. [more]
June 02, 2009 –
6/02/09 CAPS Community Call: 54% of you thought that the S&P would end down for the day. At market close, the S&P was up .2% to 944.74. [more]
June 01, 2009 –
* Historical Accuracy: 55.4% (61 for 110). Make your prediction for Tuesday's S&P 500 performance below:
[more]