Two Great Reads

The following two articles are new, and very interesting.

John Hussman discusses quantitatively what is now a clear equity bubble similar to that in 1999 and 2007.John Hussman Letter

An article in the NY Times.  Only 2 of 2862 Mutual Funds achieved top returns in a five year period.  A strong argument for index investing.NY Times article

Mark

 

 

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