Tuesday, March 24, 2009

To Infinity and Beyond!

I think in the end no one really knows whats going to happen with the markets, but one thing is for certain: taxes will always go up, inflation will always go up, commodity prices and services costs will always go up, and earnings will go up with well managed companies. The trend is always going to be up imo, but not necessarily because of virtue, rather because of the aforementioned negative reasons. That's why I agree with Buffett's last letter, esp., now that cash is going to be a sour loser. Over time betting on the market upwards propensity is the winner, the shorts had a singular massive win recently, now they are due, and already received a corrective comeuppance.

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