Prescription: Large Doses of Father Time
December 31st, 2008 by Buck Woodford
I continue to believe that the end of this bear market will not come via any government program, bailout, etc. It will just take time. Potentially a lot of time, but that’s forecasting and you never know. Along those lines, I wanted to point you toward an interview from December 2007 with Barry Ritholtz. One quote that I espouse:
I don’t think the economy needs fixing… What do we do to fix night? We wait.. and it’s eventually day.
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