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Shouting “Fire!” in the Middle of a Conflagration

Amazing! Jon Friedman of MarketWatch believes the press has been too prudent in describing the financial meltdown. In his commentary, Media shouldn’t shy away from explosive language, he accuses...

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Is It Different This Time? Part 1

“We cannot assume that even if the economic news gets worse that prices will decline further. It’s quite possible that prices are already reflecting investor concerns of more trouble ahead and may...

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Is It Different This Time? Part 2

“There are no guarantees, but throughout our history investors have been rewarded for long-term investing in stocks, for staying the course through short-term noise, and for being prudently...

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