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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label john hussman. Show all posts
Showing posts with label john hussman. Show all posts
Monday, September 07, 2015

Quote of the Day: The Difference between Real Wealth and Paper Wealth

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Keep in mind that when paper wealth is “lost,” nobody gets it. Quantitative easing has not made the nation “wealthier”, nor will the massi...
Sunday, December 16, 2012

Phisix’s Inflationary Boom: Normal Profit Taking From Record Highs

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The paradox of skill says that as people become more skillful in a given activity, luck becomes more important in determining the outcome. ...
Monday, July 12, 2010

Wage Convergence: Myths And Facts

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Dr. John Hussman, in this excellent weekly article , dispels the myth of cheap labor to argue for convergence of wages between the US and de...
Sunday, November 09, 2008

The Rise of Value Investors Amidst A Prevailing Fear and Loss Environment

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``If stocks are attractive and you don't buy, you don't just look like an idiot, you are an idiot.'' -Jeremy Grantham, Baron...
Monday, October 13, 2008

Some Prudent Advice from Dr John Hussman

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Here are some important pointers from one of my favorite contrarians, the well-respected Dr. John Hussman on today’s market. BTW, Dr. John H...
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