Required Reading

Required Reading

Buffett, Munger slam Valeant; drugmaker turned into ‘a sewer’ Five killed in Texas floods as severe weather lashes central U.S. Buffett defends Berkshire’s Coke stake, warns on BNSF Canada eager to consider investing in new Montreal rail network – Trudeau Blacklisted oil tanker returns to Libya’s Zawiya port UK’s ‘Remain’ camp gains ground in EU…

Gary on markets and maniacal central banks!
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Gary on markets and maniacal central banks!

By Gary Kaltbaum May 1, 2016 In the 50 years ended 2010, a $10,000 investment in the S&P 500, including dividends reinvested, did a little more than a double to $22,659 from the May 1st period through October 31st. That same $10,000 when invested from November 1st through April 30th, turned into $438,967. Since, except for the QE3-induced…