Markets: Central Banks, Interest Rates & Trade War

Some of the highlights from the blog over the last few weeks:

Markets: The Central Bank Will Do Something 
Interest Rates Are Going Much Higher
Younger Investors Tend To Do Great In Bull Markets 
Trade War: Trump Thinks He Is Smarter Than History 

Bull Markets End In Hysteria, Bear Markets End In Panic

"Every bull market ends in hysteria, every bear market ends in panic."
- Jim Rogers


Interesting reading:

Goldman Sachs (GS) In Bear Market Territory. Other Financials Will Follow 
Apple (AAPL) Stock Is In Bear Market Territory

Nasim Taleb: Skin In The Game

Nassim Taleb gave a fantastic presentation about his latest book, "Skin in a Game" at Google Talks on November 2018.

Charlie Munger Reveals The Secrets To Getting Rich

If you aren't willing to react with equanimity to a market price decline of 50% 2 or 3 times a century you are not fit to be a common shareholder and you deserve the mediocre result you are going to get.

Do you have the temperament to be philosophical about market fluctuations?

Socialism For The Rich

"If you bail out every investment bank that gets in trouble, that’s not capitalism, that’s socialism for the rich."
- Jim Rogers

Younger Investors Tend To Do Great In Bull Markets

When things are going right,  in a great bull market, especially in a bubble there is nothing better than a 26 year old investor. They are fearless and they will tell you why it will never end. But, when they end you do not want that 26 year old around.

Howard Marks: Mastering The Market Cycle

A very interesting interview with Howard Marks (Oaktree Capital co-founder) shares his insights on the forces shaping the market cycle.