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Today's quote:

Tuesday, September 8, 2015

Plus ça change, plus c'est la même chose


The share market has been on a wild ride which, like life itself, can only ever be understood in hindsight.

In hindsight, I should have sold out before the fall in 2008, then buy back in at the bottom in 2009, and sell out again in early 2015.

Never mind! There is a recovery after every fall, and this latest setback will be no exception. It's simply a matter of time. But first we need to get to the end before we can start at the beginning again.