Whitney Tilson believes a housing bottom could be over a year away. Like myself, Tilson believes we are seeing a false dawn in housing that has been caused by seasonality and the foreclosure moratorium. He also doesn’t see any v-shaped recovery when the market bottoms. For more from Tilson please see here and 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.