It’s Not Time Yet

It’s Not Time Yet

To paraphrase Sir John Templeton, bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. In the short-term, markets aren’t about math (though they always revert to it). They are about psychology. This bull market began in March of 2009. The psychology of the markets was as pessimistic as…

Predictions Are Nonsense

Predictions Are Nonsense

FMT Investment Advisory implements and reveres value-based investment ideas.  Predictions for Dow 50,000 or Dow 6,000 are utterly nonsense. Soothsaying isn’t a formula for successful investing. Our advice is to ignore, delete, unfriend, or unsubscribe to anything or anyone pontificating such hogwash. Outlandish predictions are great for attracting eyeballs, but they are virtually useless to…