I’ve posted Podcast #165 to the “RobCasts” section of the site. It’s called I Was Wrong: There’s An Economic Reason Why We’ll See Another Stock Crash.

When prices fall from insanely overvalued to fair value, many businesses are destroyed. That forces prices down to insanely <i>undervalued</i> levels for a time. This process takes time. It may take years for us to complete it. It is not realistic to expect a recovery from decades of the promotion of Passive Investing to be completed with one price crash.

Related posts brought to you by Yet Another Related Posts Plugin.


Related Posts

Related posts brought to you by Yet Another Related Posts Plugin.