The Signal and The Noise (Part 2)

By | 2017-07-17T12:21:17+00:00 June 13th, 2017|Global Market Update|

How can we tell what’s really happening? Great Circus Parade, Milwaukee, WI. Photo: Royal Broil. Source: Wikipedia When the newsreels stop rolling and the microphones go away, we’re sometimes left with the impression that a circus parade just rolled by. Did anything actually change, or did we just see a cavalcade of horses, camels, and clowns roll down Main Street? We’ve heard about news stories with an underlying agenda too many times. When we read any important news item, something that always changes is [...]

The Signal and the Noise (Part 1)

By | 2017-07-17T12:21:17+00:00 June 12th, 2017|Global Market Update|

How can we concentrate on what matters? Radio frequency doubler. Source: Wikipedia Between Twitter and newspapers and talking-heads and junk mail proclaiming the next turn in the market, what’s a long-term investor to do? How can we stay focused on what we need to know without being distracted by all the noise? The first step is to understand that most of what’s on the airwaves is static—background verbal clutter of no more consequence than elevator music. The real news that matters for your investing [...]

Signals and Noise (Part 1)

By | 2017-07-17T12:34:17+00:00 June 2nd, 2014|Global Market Update|

How do we stay focused? With all the tweets and blogs and talking-heads and junk mail proclaiming the next new era or the turn in the market, what is an investor to do? How can we stay tuned in to the market without being distracted by all the noise? The first step is to understand that most of what’s on the airwaves is static—background verbal clutter of no more consequence than elevator music. The real news that matters for your investing is news you [...]