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"Whenever you find yourself on the side of the majority, it is time to pause and reflect."
-Mark Twain
Wednesday, February 13, 2013
A good rule of thumb
"Whenever you find yourself on the side of the majority, it is time to pause and reflect."
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5 comments:
A majority party is always a coalition of incompatibles...something for ideologues need to think about...unless they like losing...
I'm thinking of all the folk buying bonds and selling stocks. They need to do some serious thinking about what the next few years may hold economically. For certain, the future won't be like the past three years.
All to often, investors' "view" is through the rear view mirror.
William,
The bond rally is 30 years young...if you said the same thing about JGBs in the mid 90's you would be broke by now.
Everyone is talking about the great rotation. Time to pause and reflect...
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