Thanks Tom for your response. Like I said before, first time, I detected BB was becoming soft on Japan in terms of investing.
May be it is not cheap fundamentally, but psychology point of view,
it may be sticking the neck out. I'm looking at the JOF, a closed end
fund. Waiting for panic sell-off if any in Japan before getting in....
On a different tune, BB constantly complaining about overvaluation
in Coke, P&G, etc., but at the same time he is bullish on the market.
Why? Because of the momentum, is he staying in regardless of the overvaluation in the Dow stocks? I wish, he explains it next time.
Also, funny, few months back, almost every show, he criticized the
"New age thinkers" about no bear markets, only dips, etc. view.
Now, he doesn't mentions a bit about them. Why? Those "New Age Thinkers" are still around preaching the same thing in TV, etc.
Folks are so conditioned to buy on dips. I feel even, if BB
calls it a quit on the bull market, the market will go up.
Regards, |
