"So there are Oliphaunts. But no one at home will ever believe me."
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Tumble

Well, it’s nice to see that I was at least able anticipate the market correctly for once.  What are the odds of that, something like 50%?

The MSCI World Index of stocks erased its 2010 gain, the euro slid to a 14-month low and Treasuries gained on concern Europe’s debt crisis is worsening. Losses in U.S. equities were limited as data showed growth in jobs and service industries.

I did not, however, have the strength of conviction to liquidate all of my holdings and purchase vast stocks of something guaranteed to hold its value in any calamity, such as rare single malt Scotch.

(From “Stocks, Euro Tumble on Debt Concern; S&P 500 Losses Limited – Bloomberg.com“, via .)

1 comment

1 kirsten { 05.05.10 at 11:18 pm }

Cool, does this mean I get to say I told you so about investing in stills an guns?