Aphoristic as usual, below we share some excerpts from the latest weekly letter to clients by Eric Peters, CIO of One River Asset Management, in which he discusses walls of worry, the real un-risk out of Europe, desperate oil investors, and North Korean geopolitics.
Authored by Lance Roberts via RealInvestmentAdvice.com,
Over the last few weeks, I have been discussing the ongoing consolidation process for the S&P 500 from the March highs. (For a review read: “Oversold Bounce Or Return Of The Bull,” and “Return Of The Bull…For Now.”) As the expected rally in stocks, and reversal in bonds, took shape as the S&P 500 was finally able to ratchet a record close at 2399.29. (Read: 10/2016 – “2400 Or Bust”)
With the 52nd Berkshire Hathaway annual meeting - dubbed the "Woodstock for Capitalists" which is "unique in corporate America, a celebration of the billionaire's image and success" - now in the history books, all that's left are the quotes and avuncular aphorisms.
By Chris at www.CapitalistExploits.at
Have you ever been to one of those embassy type parties where at the start everyone's manners are impeccable, the 5-course meal is eaten with so many different knives and forks of varying shapes and sizes that you long for a spoon (or a piece of toast), and where the conversation is so dull and boring you find yourself in deep conversation - not with the attendees but the wait staff?
Via The Daily Bell
The most effective way to change the world if you have kids is to treat them right. Everything could change in one generation if there were a radical shift in parenting.
Unfortunately, some indicators suggest things are getting worse. For instance, there has been an increase in kids hospitalized for attempted suicide or suicidal indicators.
Now we can just hope that parents are becoming more alert to the warning signs and are therefore properly identifying them early in order to prevent suicide.