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The Wisdom of Looking Like an Idiot Today

Now is the time to act with the courage of our convictions
Tuesday, December 3, 2013, 10:42 AM

Perhaps you still remember the speed and depth of the 2008 credit crisis' arrival, and its toxic impact on asset prices, jobs, and overall trust in the financial system. Maybe you took notes during the preceding tech and housing bubbles and their aftermath. If so, you likely swore that "Never again!" would you put your wealth at risk during such obvious times of public mania.

So, if this sounds at all like you, five years after the 2008 crisis, how is the "prudent" strategy looking today? » Read more