THE ADVENT OF THE CYNICAL BUBBLE

This is an oldie, but a goodie from James Montier.  Although he’s discussing a different post-bubble era the discussion could easily be applied to today.  Are we simply reinflating another bubble that is destined to burst in dramatic fashion or will we actually experience the much needed “workout” period?

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Cullen Roche

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.

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