Heroic solitary security analysts, like Warren Buffett and Benjamin Graham are figures of the past — vestiges of forgotten times when capital markets were much, much simpler than today. […]

According to the Financial Times (June 16, 2009), the British Chartered Financial Analyst Institute recently polled its members and found that 77% either “strongly” or “very strongly” disagreed that investors behaved rationally. […]

The unprecedented amounts of “stimulus spending” which the Obama administration has requested and the Pelosi-Reid Congress has authorized, are expected to eventually lead to higher inflation and increased tax burdens for years to come. […]