During the week I posted a link to some remarkable charts coming out of China. These show what a market in the grip of mania look like. The chart below is what a market that is struggling to get out of bed looks like.
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If you look at the performance of the broader Australian market since the GFC you see a market that has relative to other world markets been modest in its gains. The chart below looks at the performance of the S&P/ASX 200 against a variety of other markets. The lack of energy in the broader index…
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One of the few books in my investment library that I still thumb through on a regular basis is Market Wizards – every other book gets read once and then dumped in the back of the bookshelf. One lesson that I took from Market Wizards was from Stanley Drunkenmillar who used to run George Soro’s…
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