Four ideas stand out in the investment landscape: 1) Peak conventional oil production is still real, with the higher price deck and technological advancements changing the game. 2) The industrialization of China and the emerging markets growth with their raw materials consumption and attendant disruption. 3) The credit bubble and the money printing saga continues. 4) Rapid technological and comunication advancements. More on these in the days and months ahead.
Meanwhile, Michael Steinhardt: “You can’t avoid being specific, you can’t avoid picking something. Asset classes are not a way to get rich.” Investment commentary on the market direction and asset classes seems ubiquitous to the exclusion of individual security insight. Thus the Independent Stock Analysis has been born. The quote is at the 4:50 mark in the video.
Welcome to Independent Stock Analysis.