Investments

Stocks are the only item that people are more interested in buying when they are high priced and less interested in buying when they are low priced.

The market continues to climb and climb…  Frankly, it amazes me that it continues to do so, but as a value investor, I’m not seeing much to act on since the market has bounced back from its March’s lows.  I positioned long ago just to sit and wait - a trait that is in short supply in our ever fas