1.36% and nasdaq up 2.3%, it s important to remind people that we invest on mad money, we invest in companies that produce real earnings streams. and when earnings are strong, we buy, buy, buy, stocks. and when they get weaker, we want to sell, sell, sell stocks. it really is that simple. the basic notion seems to elude many home gamers, in part because the hedge fund media complex propagates the misleading idea that you should hang on every piece of macro data and the feds instant reaction to it. this focus is egregious and confusing and harmful as the risk on, risk off clap trap that i am indeed stamping out one pundit at a time. so let s set the tableau. since the economy went kerflooey, we had to determine whether the economy would relapse in the great recession. we ve become blinded by data like the awful aggregate case schiller thing that came out, which tells us our homes are in free fall when they re not. we have become conjoined with the federal reserve. ben berna
invest in companies that produce real earnings streams. and when earnings are strong, we buy, buy, buy, stocks. and when they get weaker, we want to sell, sell, sell stocks. it really is that simple. the basic notion seems to elude many home gamers, in part because the hedge fund media complex propagates the misleading idea that you should hang on every piece of macro data and the feds instant reaction to it. this focus is egregious and confusing and harmful as the risk on, risk off clap trap that i am indeed stamping out one pundit at a time. so let s set the tableau. since the economy went kerflooey, we had to determine whether the economy would relapse in the great recession. we ve become blinded by data like the awful aggregate case schiller thing that came out, which tells us our homes are in free fall when they re not. we have become conjoined with the federal reserve. ben bernanke speaking or one of his minions is squawking, we can t believe anything else matters. guy
1.36% and nasdaq up 2.3%, it s important to remind people that we invest on mad money, we invest in companies that produce real earnings streams. and when earnings are strong, we buy, buy, buy, stocks. and when they get weaker, we want to sell, sell, sell stocks. it really is that simple. the basic notion seems to elude many home gamers, in part because the hedge fund media complex propagates the misleading idea that you should hang on every piece of macro data and the feds instant reaction to it. this focus is egregious and confusing and harmful as the risk on, risk off clap trap that i am indeed stamping out one pundit at a time. so let s set the tableau. since the economy went kerflooey, we had to determine whether the economy would relapse in the great recession. we ve become blinded by data like the awful aggregate case schiller thing that came out, which tells us our homes are in free fall when they re not. we have become conjoined with the federal reserve. ben berna