Investing

Monty Pelerin’s Market Posts

Investing Is No Longer Safe

09/23/2021

Investing is no longer safe if you view matters the way I do. This opinion is based on economic and political principles. It represents some… Read More »Investing Is No Longer Safe

Death of Fiat Currency

09/05/2021

The Death of Fiat Currency Rarely is an article so thorough and well presented as this one by Alasdair Macleod below. It is a tour… Read More »Death of Fiat Currency

Wealth If You Want It

04/03/2021

I had thought the book “Wealth if You Want It” would be ready to be made available around this date. It is not, although for… Read More »Wealth If You Want It

The Safety of Gold and Gold ETFs

01/25/2020

There are two ways to invest directly in gold: Gold and Gold ETFs. Gold mining stocks are an indirect way to do so. Why invest… Read More »The Safety of Gold and Gold ETFs

History Rhymes — Be Very Cautious!

07/29/2019

Mark Twain argued that history rhymes. How close “history rhymes” was to “history repeats” was not clarified by Mr. Twain. It is likely that he… Read More »History Rhymes — Be Very Cautious!

Choosing a Financial Advisor

05/28/2019

Here is some basic advice for those who choose to use a financial advisor. I do not know the author or the website so it… Read More »Choosing a Financial Advisor

Game Over?

05/16/2019

Investing is like teenage love, ranging from ecstasy to heartbreak. Bull markets are fun (ecstasy) and can be characterized as game on. Bear markets are… Read More »Game Over?

Zero In on Portfolio Performance — Part II

03/16/2019

This article is part II of the Zero in on Portfolio Performance. Its purpose is to look at the period not reviewed in the first… Read More »Zero In on Portfolio Performance — Part II

Zero In on Portfolio Performance

03/07/2019

This article will focus on a subset of data used in the previous article. In essence, we zero in on portfolio performance in an attempt… Read More »Zero In on Portfolio Performance

Trading Systems and Managing Emotions

03/01/2019

This article will be a follow-up to the last one where combining portfolios produced better results than investing in either alone. The two portfolios to… Read More »Trading Systems and Managing Emotions

Diversification, Momentum and Risk

02/27/2019

This article deals with diversification and momentum. It brings the two concepts together in a non-traditional manner. Our intent is to see if value can… Read More »Diversification, Momentum and Risk

Momentum Investing — A Path to Wealth?

02/13/2019

A recent article showed how a simple moving average (SMA) could be employed as a screen to signal when you should be in or out… Read More »Momentum Investing — A Path to Wealth?

All I know is just what I read in the papers, and that's an alibi for my ignorance.
Will Rogers
Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.
Thomas Sowell
Our span of life is brief, but is long enough for us to live well and honestly.
Cicero
Can the real Constitution be restored? Probably not. Too many Americans depend on government money under programs the Constitution doesn't authorize, and money talks with an eloquence Shakespeare could only envy. Ignorant people don't understand The Federalist Papers, but they understand government checks with their names on them.
Joseph Sobran
Experience should teach us to be most on our guard to protect liberty when the government’s purposes are beneficial … the greatest dangers to liberty lurk in insidious encroachment by men of zeal, well meaning but without understanding.
Justice Brandeis
We know what happens to people who stay in the middle of the road. They get run over.
Ambrose Bierce
Both the jayhawk and the man eat chickens, but the more jayhawks, the fewer chickens, while the more men, the more chickens.
Henry George
The story of progress is the tale of a battle -- free markets and free men versus government.
Monty Pelerin

Extremism in the defense of liberty is no vice. Moderation in the pursuit of justice is no virtue.
Barry Goldwater
Force always attracts men of low morality.
Albert Einstein
The ultimate result of shielding men from the effects of folly is to fill the world with fools
Herbert Spencer
Roughly speaking, the mess we are in is the worst since the 17th century financial collapse. Comparisons with the 1930’s are ludicrous. We have gone far beyond that. And, alas, the courage & political will to recognize the mess & act wisely to reverse gears, is absent in the U.S. leadership, where the problems were hatched & where the rot is by far the deepest
Harry Schultz age 86, last newsletter
Reforming the IRS is a fools errand. Eliminating it is not and must occur if freedom is to survive.
Monty Pelerin
"Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things."
Adam Smith
Our constitutions purport to be established by 'the people,' and, in theory, 'all the people' consent to such government as the constitutions authorize. But this consent of 'the people' exists only in theory. It has no existence in fact. Government is in reality established by the few; and these few assume the consent of all the rest, without any such consent being actually given.
Lysander Spooner
The whole idea of our government is this: If enough people get together and act in concert, they can take something and not pay for it.
P.J. O'Rourke