Fundamentals Will Out!

I’m not being rude when I say this guy is one-eyed about stock … apparently, his Canadian ‘friends’ call him “The Pirate”

He gives a nice explanation that stocks follow interest rates, more so than the general economy (as measured by GDP growth) … but, in his next video he gives 5 rules, the only one of which really makes practical sense to me: FWO

Fundamentals Will Out

This means, that no matter what crazy gyrations the market may undertake in the short-term, over the long-term the fundamentals will ultimately decide which way stock prices go: buy on value!

2 Responses to “ Fundamentals Will Out! ”

1. Steve says:

   August 2, 2009 at 8:19 pm

   Interesting. Have you checked out his claims here to see if they hold water?

   Sounds pretty reasonable .
2. Steve says:

   August 2, 2009 at 8:20 pm

   I remember days when my Dad could get 10 or more on IRA accounts at the local bank. Look at them now?