Kemo Sabe

The Lone Ranger's (trusted scout) creed: 'To have a friend, a man must be one. That all men were created equal. That God put firewood there, but that everyman must gather and light it himself. To fight when necessary for that which is right. That man should make the most of what equipment he has. That men should live by the rule of what is best for the greatest number. That truth alone lives on forever. And that sooner or later..somehow...we must settle with the world and make payment for what we have taken.'

Talk about a super hero!

Studies show: "the pain of a loss is approximately twice as potent as the pleasure generated by a gain. The public/ media is biased toward exaggerating bad news. The simple mental quirk of a loss aversion has profound implications." A BIG YES. Almost everyone is out of the stock market for fear of a repeat of the last three years...much less a continuation of a flat or volatile market like the past eleven years. Yet with all the negatives floating daily and globally the stock market is up on the year and digesting/ absorbing/ discounting more than we can remember in modern times......a PE compression. The redefinition of a WALL OF WORRY.

One of Warren Buffets top quotes is, "be greedy when others are fearful and fearful when others are greedy."

Anyone reading this blog knows why that fear is happening....and "we" simply have to wait for another 1.5 years. There will be a landslide sea change and the country will be in a dramatic work out mode then....but this is a positive that the markets will begin to discount.

The stock market remains very narrow for now....those benefiting are over capitalized companies selling either food or energy globally in a leadership position.

Government (state and federal) has elegantly shown everyone it is too big to manage and too big to fund/ finance. It will be downsized and outsourced to the private sector....the efficiencies gained will be contagious and take years. But a positive. Current debt holders are not going to be paid back in current dollars. The greatest tax of all time...but the media will not understand this. We call this peak government and the devaluation of the Dollar.

Barkly seen here liked the Hi Yo, Silver! Away!