Home
>
Stocks & Mutual Fund
>
Quality Investment Information: Standing Firm In the Face of Opposition

Quality Investment Information: Standing Firm In the Face of Opposition

THERE'S SOMETHING TO BE SAID FOR standing firm in the face of opposition. Interestingly, most of the best stock decisions have come at times when the mainstream is saying precisely the opposite. Predictions like these can be valuable if one is to build an investment strategy around their view of the world.

The appraisal by the minority over the past few years that inflation would return (while most of Wall Street was bemoaning DEflation) has proven to be true. As we've pointed out in the past, it can be readily observed in oil prices, real estate, and dozens of other commodities where no source of cheap imports is available.

As Steve Forbes remarks in Forbes Magazine's May 23rd commentary, "oil became expensive because the Fed has been printing too much money." In an earlier article, I mentioned that what we're really seeing is just the effect of a falling dollar, rather than rising oil prices.

Some might wonder how we think of the dollar as a falling currency, because it certainly seems to have been rising against the Euro in recent months. Still, it may be more accurate to think of the Euro as simply falling faster than the dollar. Indeed, now that both France and the Netherlands have voted to reject the EU Constitution, the entire structure of the EU may be called into question, and while we don't foresee the collapse of that institution, we do believe it will weigh on the currency for a time. As we have said in the past, the attempt at unification is itself no more than a grand experiment, and the currency that accompanies it can be viewed as no more stable than the underlying structure.

Still, none of this makes us view the dollar as necessarily strong. In a world where the Indian Rupee, Romanian Leu, South African Rand and other historically undependable currencies are rising steadily against the dollar, its silly to think of our currency as anything but weak.

In real estate, many suggested in the past that a real estate bubble may be developing, but also that much of the rise in prices may be coming from inflation as well. Indeed, if any price collapse does occur, it may be some time from now, and some regions may hardly feel it. The gap in price between the large California cities and mainstream America is reportedly wider than ever before. It's best to use caution in the red-hot markets in Cali, NY, and Mass., but the rest of the country seems fairly priced. One should not be too worried about prices that have risen no faster than the price of oil. While others have predicted (endlessly, it seems) that homebuilders ought to fall apart any day now, a few have continued to recommend some of the best ones and seen sizeable profits result for our readers.

Recently, a few financial managers have decided to take a position on Harley-Davidson stock that differs from most of the investment community. While Harley's quarterly earnings were indeed below expectations, the minority rejects the investment community's hysterical suggestion that this is the end for the motorcycle maker. In fact, they firmly believe this will turn out to be a small blip in the longterm upward trend.

It is decisions like these that set these advisors apart from much of the investment world. It seems that many of the writers in "investment-land" are content to parrot the projections of corporate lackeys and government bureaucrats, without so much as a scintilla of independent analysis. Alas, as the demand for investment advice has grown, it may have outstripped the supply of quality analysts, both in news reporting and in the investment industry itself. This would explain the quantity of drivel coming from multiple sources these days.

We can occasionally find kindred spirits in the media: while it is invariably best to disagree with Business Week, Fortune, and most of the TV business news-trivia reporters, a few ? like Forbes, Barron's, or TV's Louis Rukeyser or Paul Kangas ? still provide thoughtful commentary from time to time. Overall, though, the U.S seems to have reached a distressing time in investment reporting.

Most reporters and publications are content to simply repeat what they've heard, play on emotions, and call it complete coverage. I suppose it makes sense that eventually coverage of business news would descend to the same level as broader news coverage.

In times like these, it is important to select a few good sources of quality information. It is just as important to wean ourselves from poor information sources. If your newspaper, magazine, or broadcast station has ceased offering thoughtful analysis, stop wasting your valuable time. Utilize your time more productively on the few meaningful sources of information.

In light of so much fluff in the media, it is increasingly important to stand apart from the mainstream. You need information resources that are willing to do so, as well. Contrarians (investors who have bucked the trends) have fared well in the investing quandary. Today, contrarians' biggest advantage is that they are willing to stand out and avoid falling for the latest hype. Mindless followers, in an age of meaningless information, will eventually get slaughtered by following mediocre advice once too often. Don't tolerate lackluster information resources. Seek out quality.

To send comments or to learn more about Scott Pearson's Investment Advisor services, visit http://www.valueview.net

Scott Pearson is an investment advisor, writer, editor, instructor, and business leader. As President and Chief Investment Officer of Value View Financial Corp., he offers investment management services to a wide variety of clients. His own newsletter, Investor's Value View, is distributed worldwide and provides general money tips and investment advice to readers both internationally, and in the U.S.

family-safe home cleaners Northbrook ..

In The News:

FBI warns cybercriminals are stealing family photos from social media to create fake proof of life images in virtual kidnapping scams targeting victims.

Instagram's new 'Your Algorithm' tool lets you control your Reels feed in real time. The app now gives you power to customize what videos you see.

Major Marquis fintech breach exposes 400,000-plus Americans' data through unpatched SonicWall vulnerability, with Texas hardest hit at 354,000 affected.

Free up iPhone storage fast by clearing large photos and videos from Messages app. Simple steps for iOS users to delete attachments without losing chats.

Scammers are flooding inboxes with fake tracking alerts that mimic real carriers, exploiting the holiday rush to steal logins and personal data.

The Fox News AI Newsletter brings you the latest news on AI technology advancements and the challenges and opportunities AI presents now and for the future.

Texas family reunites with missing 11-year-old cat Grayson after 103 days using Petco Love Lost's AI photo matching technology and community help.

Tired of AI customer service loops? These insider tricks help you escape "frustration AI" and get real human help when you need it most for urgent issues.

Unlock richer audio from your streaming apps with simple tweaks to volume normalization, equalizer settings, and quality preferences for cleaner sound.

Scammers are sending fake Facebook settlement payout emails that mimic legitimate notices from the privacy settlement administrator to deceive users.

Holiday shopping scams surge as fake refund emails target distracted consumers during Black Friday and holiday seasons, costing Americans billions annually.

The AI-powered IRMO M1 exoskeleton features four modes, including turbo, eco, training and rest for hiking, running, cycling and sports with eight-hour battery life.

OpenAI announced upgrades for its ChatGPT Images platform on Tuesday, saying the program can now make more precise edits and produce images more quickly.

Chrome for Android now turns web articles into AI-powered podcast conversations. Get hands-free browsing with Google Gemini's natural audio summaries.

LastPass faces $1.6 million fine from U.K. regulators after 2022 data breach exposed 1.6 million users. Password manager failed proper security controls.

Petco disclosed a data breach exposing customer Social Security numbers, financial account details, and driver's license information due to a software error.

Baseball teams can now analyze complete swing mechanics in normal training environments using Theia's markerless AI system that processes standard high-speed footage.

Smart home hacking fears overblown? Expert reveals real cybersecurity risks and simple protection tips to keep your connected devices safe from hackers.

MIT develops needle-free glucose monitor using light technology. Revolutionary device could replace painful finger pricks for diabetes management.

The ClickFix campaign disguises malware as legitimate Windows updates, using steganography to hide shellcode in PNG files and bypass security detection systems.

Researchers from Osaka Metropolitan University designed a 21-foot dome that combines aquaculture and hydroponics to create a self-sustaining urban food system.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

ChatGPT data breach exposes personal info of users through partner Mixpanel. OpenAI confirms names, emails compromised in security incident.

Android rolls out Emergency Live Video for 911 calls, letting dispatchers see real-time scenes during emergencies. Great for holiday travel safety.

Malicious Chrome and Edge extensions collected browsing history, keystrokes and personal data from millions of users before Google and Microsoft removed them.

Quality Investment Information: Standing Firm In the Face of Opposition

Stocks & Mutual Fund