A recent Bloomberg article highlights an important tenet of Lynch’s investment philosophy.

Fear of Loss Leads to the Dark Side is good advice for investors.

The government should begin propagating positive lies about the economy instead of allowing negative lies to continue to proliferate.

As I’ve noted in the past, Markets obey a basic rule: they reverse after extremes. So is the lowest new home sales on record a sign that a reversal is near for residential real estate?

Deep down I’m rooting for a massive market correction as we’re experiencing now. The stock market is apparently the only language that the government understands.

What’s interesting about the current deficit debate, is that the same set of Republican pushing to eliminate social programs in order to reduce the deficit, are the same people clamoring for lower taxes.

In the Markets there is no way to prove or better yet disprove (ala Popper’s Falsifiability concept) any valuation proposition, and so all valuation propositions are inherently false and meaningless.

Xerium Technologies (XRM) emerged from bankruptcy in late May, and may offer good upside potential over the coming year.