By Jason Zweig | 7:54 pm ET Jan. 24, 2014Image Credit: Christophe Vorlet Succeeding as an investor takes a strong mind, but a stronger heart. That is especially true when stocks plunge—or soar. In his letter this week to investors in his hedge funds, manager David Einhorn of Greenlight Capital pointed to “the parabolic rise of a growing number of...
Read MoreNew Warnings from an Investing Pioneer
By Jason Zweig | 6:46 pm ET Jan. 17, 2014Image Credit: Christophe Vorlet Nowhere to run, nowhere to hide—and no one to get unbiased advice from. Judging by my inbox, that is how a lot of investors feel. U.S. and most international stocks, bonds and real estate are all at least moderately overpriced by historical standards; cash offers a negative return...
Read MoreWhen Does A Bubble Spell Trouble?
By Jason Zweig | 7:43 pm ET Jan. 10, 2014Image Credit: Christophe Vorlet The minutes of the latest Federal Reserve policy meeting, released this past week, show that central bankers have been worrying that the financial markets might turn into a bubble—the term for a perilously overvalued situation that can burst without warning or mercy. Those who...
Read MoreWSJ Columnists Sound Off on 2014
By Jason Zweig Jan. 2, 2014 12:51 a.m. ET Many investors believe that financial markets exist to facilitate the efficient allocation of capital. That’s a myth. The purpose of financial markets is to humiliate anyone who thinks he can predict how they will perform in the short run. And those who are most certain that they know...
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