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Monthly Archives: December 2013

Santa Claus comes to the stock market

The stock market is filled with individuals who know the price of everything and the value of nothing. – Phillip Fisher, American stock investor and author of Common Stocks and Uncommon Profits In a week with sparse economic data and an absence of any significant corporate news, the stock market continued its steady upward climb […]

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Stocks surge on Fed tapering

This company looks cheap, that company looks cheap, but the overall economy could completely screw it up. The key is to wait. Sometimes the hardest thing to do is to do nothing. – David Tepper, American hedge fund manager and founder of Appaloosa Management In a move that surprised most market observers, the Federal Reserve […]

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To taper or not to taper?

If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks. – John Bogle, founder and retired CEO of the Vanguard Group Will they or won’t they? That is the question on all investors’ minds heading into this week as the Federal Reserve Open Market Committee meets to assess […]

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Stock market’s winning streak comes to an end

The individual investor should act consistently as an investor and not as a speculator. This means that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money’s worth for his purchase. – Benjamin Graham The […]

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Eighth consecutive record high for stocks

Price is what you pay; value is what you get. Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down. – Warren Buffett   For the eighth straight week, the stock market closed at record highs and the technology-laden Nasdaq composite index closed above the 4,000 level for […]

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