As equities close in on a third up month in a row, a few words on investors' faith that better times lay ahead.
“Faith means not wanting to know what is true”
Friedrich Nietzsche
“Skepticism is the beginning of Faith.”
Oscar Wilde
“I know God will not give me anything I can't handle. I just wish He didn't trust me so much.”
Mother Teresa
“Faith is taking the first step even when you don't see the whole staircase.”
Martin Luther King, Jr
"...at the beginning of new bull markets investors are driven more by faith than fundamentals, as they seem to prefer Billy Graham over Ben Graham."
Sam Stovall
Have a good weekend.
Posted
05-29-2009 10:58 AM
by
Vinny Catalano, CFA