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Daily Archives: May 13, 2010

Lessons from a Student of the Market

May 13, 2010
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Lessons from a Student of the Market

Being a student of the stock market means one thing above all else:  I’ve studied and experienced enough market history to know what is normal, and what is abnormal, in the action of the market and individual stocks.  And it also means that, when some wacky market action drops in my lap, I have a knowledge base to refer to, often finding similarities between the current environment and some episodes of the past. However–and this is important–I focus solely on the market itself and Cabot’s market timing indicators, or the action of leading stocks.  I don’t care much about...

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Winning and Losing in the Insurance Game

May 13, 2010
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Winning and Losing in the Insurance Game

When the very first issue of Cabot Wealth Advisory was published, back on February 1, 2007, the lead article was about insurance.  Today I’ve decided to run it again, since we have so many more readers, and I believe strongly that the facts (and opinions) in the article are important for you to think about. I begin today with an anecdote about my father, Carlton Lutts, who landed a job as a building inspector for an insurance company soon after he received his degree in mechanical engineering. He didn’t stay long in the insurance business; he quickly found better...

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