Moving on the market, I recently wrote a piece titled “An Important Message About Fear and Greed.” In it I explained how markets peaked at the point of maximum optimism and bottomed at the point of maximum pessimism. I wrote, “the best way to invest is to Buy at the point of peak pessimism, and Sell at the point of peak optimism.” And I explained that the present was a point of very great pessimism, and therefore a very good time to buy! Finally, to counter the protests of those who would argue that today’s special fundamental troubles override...
