Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I wasn't arguing with you, rationalwalk, but Greenblatt. Having read that article I think you nailed his thesis that the market should go higher. As perhaps the interviewer pointed out there are some VERY astute value investors who are very divergent about where the economy is headed.

I think Mungofitch points out that the goal is NOT to anticipate a turn, but to turn not long after a top, and always watch the "tea leaves."

While intellectually I agree, and have participated somewhat in this rise, it is just SO clear to me that this will turn "soon", and I have bet that way.

Of course the real trick is not to guess right once, but to guess right often.

Print the post  


Live Video Event Monday!
The GP team is hosting a live video event on Monday at 4 p.m. ET. Don't worry if you can't make it — we'll have a replay and a transcript. Click for more!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.