“The rule of thumb is to do your homework, do your analysis, don’t give up prudent risk management for the sake of certain fads. Look for real valuations, and stay true to your time frames,” said Marc Chandler, the global head of currency strategy at Brown Brothers Harriman.
Author Archives: The Mad Hedge Fund Trader
With a new bull market in silver (SIL) now underway, I thought I’d delve back into the ancient past to the last major bubble in the white metal. If you like gold, you absolutely have to love silver. That’s because the white metal has a much higher beta than its yellow cousin, which is often […]
“What is currently happening is that we have a lot of noise around what is uneconomic. When the economic stuff starts happening, like tax cuts, that will feed into real things, like cash flow and earnings,” said Bill Miller, chairman of LMM Investments.
“In investment management, the progression is from the innovators to the imitators, to the swarming incompetents,” said Oracle of Omaha, Warren Buffett.
“If I had a ticket to Heaven, and you didn’t have one, I’d give it away and go to hell with you,” said president Ronald Reagan to retiring House Majority leader Tip O’Neal.