Jeff Yastine Blog | Fearless Main Street Investors Are About to Be Stunned | Talkmarkets - Page 2
Editor, Total Wealth Insider
Contributor's Links: Banyan Hill Publishing

Jeff “JL” Yastine is the editor of Total Wealth Insider. He first joined Banyan Hill Publishing as editorial director in 2015, bringing with him more than two decades of experience as a stock market investor and financial journalist at the center of financial world ... more

Fearless Main Street Investors Are About to Be Stunned

Date: Monday, October 2, 2017 10:23 AM EDT

As crazy as it sounds to say now, the dot-com craze made Buffett’s company feel old and out of step with the times. And so investors sold.

An Irrational Market

Another famous value investor of the era — Julian Robertson and his $6 billion Tiger hedge fund — called it quits.

Here’s what Robertson wrote to his investors back then: “In an irrational market where earnings and price considerations take a back seat to mouse clicks and momentum, such logic does not count for much.”

Ironically, Robertson closed his fund in March 2000 … the same time that the Nasdaq hit a peak that wouldn’t be seen again for almost 15 years.

Which brings us back to today. Because it looks like we’re primed and ready for it to happen once again.

Kind regards,

Jeff L. Yastine
Editor, Total Wealth Insider

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