Salesmen always need something to sell.

I find it funny that people who didn't think there was any inflation in the pipeline are now talking about stagflation. This is nothing like the 1970's, which was a pretty dismal period and not just because of polyester and disco.

This ugly duckling investment will likely need time - quarters, or even years - to blossom into a beautiful swan.

History is replete with examples of tech firms that were marginalized by new companies and technologies.

If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.

The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.

Never forget this simple truism: Forecasting is marketing, plain and simple.