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…

The Tale of Two Businesses

The Tale of Two Businesses

To steal a line from the great author Charles Dickens, “it was the best of times, it was the worst of times” for two Superinvestor Wealth Compounders around their recent earnings reports. It is not really the worst of times for either Nomad Foods or Platform Specialty Products for serious money investors, but their share…

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…

Sitting on World-Class Money Printers

Sitting on World-Class Money Printers

Martin Franklin is one of the most unrecognizable names in the investment universe today.  Despite an investment record that is breathtaking, no one has heard of the guy. If you have an advisor outside of FMT Advisory, ask them if they’ve heard of Martin Franklin.  Actually, ask anyone in your circle if they’ve heard of…