Disclaimer

Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. I do make mistakes, but I try hard to do my analysis thoroughly, and to make sure my data are correct. Remember: the unexpected sometimes happens. The expected does too, but all too often it takes longer than you thought it would.

The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Wednesday, April 26, 2017

Radicalism

Jesus was a radical nonviolent revolutionary who hung around with lepers hookers and crooks; wasn't American and never spoke English; was anti-wealth anti-death penalty anti-public prayer; but was never anti-gay, never mentioned abortion or birth control, never called the poor lazy, never justified torture, never fought for tax cuts for the wealthiest Nazarenes, never asked a leper for a copay; and was a long-haired brown-skinned homeless community-organizing anti-slut-shaming Middle Eastern Jew.
 John Fugelsang

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