Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything. This week we look closely at upcoming reports and the sketchy S&P.
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How many pictures of roller coasters do you have?
The price of my house is 15 times the price paid by my father for his house in the 1960s. And my car. And my bread. And my donuts.
Yea, I’m still waiting for Bernanke’s “transitory” price inflation: When prices go back down to what they were, I’ll just use my mediocre retirement savings to buy up a whole city block of houses, and then rent them all out as my retirement plan.
And then I’ll save up all that rent money, and then I will put down some pretty red hotels in place of the green little houses.