Very interesting and very informative; you are thought provoking with every reply -- and appreciated.
Concerning the 1930's parallel -- times have changed in important ways; the size of the market, government/market imposed controls, an increasingly homogeneous world economy, social-cultural-religious chaos, and so forth. The vectors of causation have changed in a big way. Extrinsic market factors are becoming increasingly important.
I think the religious war set in motion by militant Islamists, will cripple the world economy for the next several years. However, I think Europe and Japan are far more vulnerable than the US, particularly when it comes to oil supply and demand. For this reason, the currency market, which I plead total ignorance of, could be very profitable to the knowledgeable.
Currently I favor Indices Put options on SPYS, QQQ, etc.
Longer-term, individual equity holds include Gold, Glamus for example.
Warren Buffet is a very unique individual with near Devil-pact insight. But, Mr. Buffet is reluctant to share his methodologies -- he will manage your money via Hathaway. It’s his option and the investors decision to accept or reject it. Not my choice.
I'm not an expert -- just trying to learn a few tricks along the way. Turtle does look intriguing -- you got to admit.
Ted :^) |
