Last week, I claimed that sellers are now in control of stock market prices. Buyers are nothing more than passive aggressive investing zombies. But was I right? Readers have their say…
American finance professor Harry Markowitz said, “diversification is the only free lunch in investing”. Students have been regurgitating his theories ever since. But was he wrong?
Stock markets used to function very differently. Legendary investor Bill Fleckenstein reminisced about it in an interview. Insight, analysis and fundamentals used to drive prices up or down. But that’s changed…
Very few investors manage to profit from both the boom and the bust of an asset bubble. So, what can we learn from the only trader to have done it, twice?