David Kirkpatrick

May 14, 2011

Book recommendation — “The Investment Answer”

Filed under: Business — Tags: , , , , , , — David Kirkpatrick @ 2:23 pm

If you are investing (and I hope you are), if you are thinking about investing, or if you just think you might start investing sometime in a foggy future, do yourself a huge favor and pick up a copy of “The Investment Answer""” by Dan Goldie and Gordon Murray.

It is very short and very sweet. And eye opening in a very good way.

I picked it up months ago and finally read it the other night. Great, great stuff. And full of simple, actionable advice.

The Investment Answer

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January 26, 2010

Four new asset bubbles to watch

Filed under: Business — Tags: , , , , , , — David Kirkpatrick @ 3:15 pm

Oh, man.

From the link:

Less than two years after the housing market collapsed, the U.S. economy is threatened by a new bubble in asset prices. This time, four billowing balloons are hovering: two commodities — gold and oil — stocks, and government bonds.

Don’t be fooled into thinking that last week’s 5% drop in the S&P, and the recent sell-off in oil, remotely makes them fairly valued, let alone bargains. Equities and commodities, as well as Treasuries, which actually rallied as stocks dropped, still have a long way to fall. The reason: They’ve already seen huge run-ups that put their prices far above their historic averages, and far above the levels justified by fundamentals.