ajtj99's Market Pulse

[ajtj99]

Nice article from Mauldin today regarding the global situation. However, the best part is when he reams the people who tell you to expect 8% annual return and invest for the long run:

http://www.investorsinsight.com/blogs/thoughts_from_the_frontline/archive/2009/02/20/while-rome-burns.aspx

If I were supreme ruler over all humans, I would open up Gitmo for investment advisors and financial planners who tell people to expect an 8% annual return on their investment and to invest for the long run. My supreme court for such matters would be George Soros, Nouriel Roubini, Dr. Marc Faber, Doug Noland, and Nasim Taleb. Jim Rodgers would have made the cut if he weren't such a bozo about his timing with China.