Thoughts From the Frontline, March 2002

Why Investors Fail

March 28, 2002

Like all the children from Lake Wobegon, I am sure all my readers are above average investors. But I am also sure you have friends who are not, so today we will look at the reasons why they fail at investing. Maybe this week's e-letter will give you some ways to help them. And as we conclude, I will show you a simple way to put yourself in the top 20% of investors. This should make it easier to go to family reunions and listen to your brother-in-law's stories.

Inflation Rhythms

March 22, 2002

"History does not repeat itself," said Mark Twain, "It rhymes." That observation has a great deal of truth in it. Lately, however, economic history has been more like the cacophonous poetry of the Beatnik generation than the smooth resonating sounds of classic iambic pentameter.

King Dollar and the Guillotine

March 15, 2002

Today we are going to get practical. I will show you where to double your money market returns with government guarantees. We will look at one of my favorite US banks which is paying up to 7.75% for three-month CDs. (And yes, of course there's a story behind that number.) As promised for weeks, we are finally going to look at the prospects for King Dollar to remain on the throne.

Investment Wind Changes

March 8, 2002

When you are sailing, it is important to know where the wind is blowing. You have to change the position of your sails as the wind changes.

Gold Forecast

March 1, 2002

Today we are going to think about what lies in the future for the yellow metal -- that barbarous relic:


. Long time readers know that I am no gold bull. Indeed, I have been bearish to neutral on gold for over a decade. However, a number of economic trends are causing me to re-think my position. I believe the case I lay out is one you will not have read from the usual gold bug suspects. I even give you a new way to play the gold market that should do well for you even if I am wrong.