A diary of the thought process behind my investment decisions
Daniel Gross has always been a kind of prototypical Pollyanna. No surprise that he wrote that article.It's funny because for a long while it seemed that the magazines were trying to avoid providing the contrary indicator cover. Now that one of them has discarded that and gone full bore with this cheerleading it might actually be telling us something.Of course there may be some hedging in the article itself, which I wouldn't doubt. But if not then the message to contrarians should be quite loud and clear.
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