Always nice to see one your key holdings in your portfolio distinguished as one of the best managers for any given year. That was the case for the American Funds EuroPacific Growth Fund, a staple in most of my portfolios. I believe that international markets is one of the markets that allows for managers the potential to add value over the indexes given the size and breadth of those markets…
This article makes a great point in Bernanke’s support of low interest rates, while Greenspan was Fed Chair. It also highlights how two highly respected financial minds can differ in their views on what were the real causes behind the last bubble: (Click here to read Bloomberg.com article)
What I like about this chart, is that it shows the National GDP of the country the year that construction was completed, and the previous 5 years before the project was completed. It shows how usually “unthinkable” development projects are made during periods of economic expansion and how these accomplishments often peak at the same time as the relative economy peaks. Many conclusions can be drawn about the perils of…
Warren Buffett is one of the most highly regarded investors… he’s consistent, he’s focused on fundamentals, and he’s focused on long-term returns. However, even Buffett’s investments are subject to significant decline, especially in the short-term. Some people will argue Berkshire has grown too big, or that Buffett is getting to an age where he cannot expect to perform at his previous levels. Although he has suffered setback this decade, he…
