Market Forecasts – Take with a Grain of Salt

“We’ve long felt that the only value of stock forecasters is to make fortune tellers look good” .  Warren Buffet  The following links will take you to three recent articles (2 from the Wall Street Journal and 1 from the New York Times) warning...

Stat of the Day 10/1/2010

Some statistics regarding the recent performance of the S&P 500 Index (price only, ignoring dividends), as of 9/30/2010:   3rd Quarter 2010 return:                          10.7% 2010 Year-to-date return:                            2.3% 2010 High price to current...

Stat of the Day

Interesting Stat of the Day showing how the US economy has changed from a manufacturing economy (almost all of the top 10 employers in 1955 are related to the manufacturer and support of the automobile) to a service economy (i.e. large retailers).  I believe the top...