Insights from Tocqueville
Reflections on the Past as Prologue
By Joseph Piropato on January 3, 2018
At the beginning of a New Year there is a tendency, particularly among Wall Street prognosticators, to review the recent past and extrapolate its trends into the near future. At this time twelve months ago many were projecting a continuation of slow but steady growth for the economy, perhaps a little better than that due …Read More
By Kenneth E. Lee on October 2, 2017
“The man who isn’t a pessimist is a damned fool.” – Mark Twain Is the grizzled, cynical investor the more successful one? Are his cynicism and negativity a sign of intelligence and experience? Do we perceive the pessimistic person as more intelligent than the optimistic one, and if so what relevance does this have to …Read More
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