Josh Brown has compiled a great list of lessons from 2012. Mine will sound familiar:
Cullen Roche (Pragmatic Capitalism): in the face of fiscal cliffs, apocalyptic predictions and a persistent financial crisis, 2012 proved (once again) that measured optimism will always defeat persistent pessimism.
I’ve made a real concerted effort over the years when writing this site to always provide my actual unbiased opinion (whether optimistic, pessimistic or totally unpopular). I knew from the second I started this website that it would be a lot more popular if I wrote about gold, Apple, and the end of the world every day. But I’ve sacrificed quantity for (an attempt at) quality. I don’t always get it right, but I wish it was a perspective that was more broadly adopted by writers and analysts in the financial space. I presume that’s too much to ask when it’s quantity that rules the internet dollars. As a supposed capitalist you’d think I’d have sold out sooner….
See the full list from Josh here.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.