Truer words were never spoken than when Warren Buffett referred to the stock market as a troubled man with bipolar disorder. After falling 2.5% on Monday, the market has recovered all of its losses and now sits bewildered like a drunken man who can’t remember where he lives. Futures are currently tanking on the same “no news” event they rallied on today:
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.