As we begin to see the first signs of a seasonal tide shift in housing we turn to the man who nailed the housing debacle. Whitney Tilson has been dead right on housing and how it would relate to the deterioration in the financial sector. He recently called it the “mother of all head fakes”. After being bearish through most of 2008 and turning bullish near the panic lows Tilson is now turning cautious again. As always, he has some rational thoughts on housing and the banks:
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.