Thanks to Jonathan Chevreau of the Financial Post and his Wealthy Boomer blog for posting our recent interview on Juggling Dynamite and why I am a pragmatist, "NOT A PERMA-BEAR!" Click and see for yourself.

I will be a bull again in the future. I do have a sense of humour. I am fun at parties. Honest.   more »

When Warren Buffett (WB) speaks the long-always investment sales world grabs what it can to serve its thesis and runs. Honestly Warren must be one of the most misrepresented guys that ever lived.

A few weeks ago, WB was interviewed saying how he was a long-term Bull on America. From this statement the buy & hold peddlers proclaimed his statement as re-affirmation that the rest of us need never time exposure to equities, no critical thinking required, just buy 'em always, and sell 'em never and you will be fine. How convenient. How easy.

This week WB is quoted as saying he thinks the US economy is already in a recession by any common sense definition, and while some are touting stocks as cheap he is waiting for them to become quite a bit cheaper. Oh yes, and he presently has about 40 billion+ in cash for when sale prices present.

History and WB's own writings will attest that he has been a master market timer throughout his career. He has a precisely defined set of valuation rules, and he sticks to his discipline. When something is priced within his value zone he will buy it, and when prospective investments are too expensive on his valuation rules he will not touch them. When he does not find anything to be a good value by his rule set he waits in cash.   more »