Bombshell: The Goldman Sachs Tapes

The Secret Goldman Sachs Tapes

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PragCap: Buffet on Gold

Warren Buffett is Right to Hate Gold

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Shiller: Parallels to 1937

When Robert Shiller talks….it means something:

Parallels to 1937

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Howard Marks: Risk Revisited

Howard Marks released another must read memo to his clients and made an appearance on bloomberg. I’ll try to embed the Bloomberg video, but if it doesn’t work, here is the link.

Howard Marks on Risk Assessment, Market Strategy: Video

Before I present his memo, I’d like to present one of my favorite Howard Marks quotes (which I think is applicable to the current time period):

“Good times teach only bad lessons: that investing is easy, that you know its secrets, and that you needn’t worry about risk. The most valuable lessons are learned in tough times.”

Scott Dauenhauer CFP, MPAS, AIF

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Housing Markets Falling Back To Earth?

Anecdotely I’ve noticed homes on the market for longer time periods and not getting the initial asking price. Homes are still selling, but I’ve certainly noticed an uptick locally in homes on the market. This is occuring at a time where a lot of new homes are coming on the market after a fairly significant run up of prices over the past five years.

The following piece argues something much more ominous is occuring, what are you seeing?

This house market is falling apart

Scott Dauenhauer CFP, MPAS, AIF

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Insensitive Insurance Ad Needs A Bucket of Ice Water Dumped On It

The Teacher’s Advocate

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PragCap: How To Respond to Someone Screaming About “Money Printing”

If you don’t read Cullen Roche, you’re missing out:

How To Respond to Someone Screaming About “Money Printing”

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