Talking With Roubini, Peter Lynch, & Jean Marie Eveillard

May 8, 2009 No Comments

Article dissecting the recovery..Thank you Guru Investor for pointing out this article.

Note: I do not believe in market timing or speculating on large macro events. In my opinion there have been many bargains in the recent months and there will continue to be opportunities for astute investors.  Don’t use leverage, practice scuttle butt, and in 5-10 years you will be richly rewarded.

Click Here To Read A Conversation With Roubini, Peter Lynch, And Jean Marie Eveillard

Article Introduction  & Excerpt (Via Time)

Here’s the not-so-bad news: We are nearing a bottom. Housing prices are falling, but not as rapidly. Consumer confidence is up. Banks are earning money. The stock market in April had its best month in nine years. Even Nouriel Roubini, the New York University professor known for his dire economic predictions, thinks we are on the mend. Sort of.

“People think that things need to go from terrible to terrific before they can invest,” says Fidelity’s legendary stock picker Peter Lynch. “But things only have to get to somewhat crummy for stocks to go up.” – Peter Lynch

Click Here To Read A Conversation With Roubini, Peter Lynch, And Jean Marie Eveillard

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