A voice of reason

I've mentioned The Prudent Speculator in previous posts. Hulbert Financial Digest reports that TPS has averaged a 20% return for the last 20 years. That's the best performance that any newsletter advisory has been able to put together according to Hulbert. If your portfolio is doing better than thier's then you should probably quit whining.

Here is an article from the authors of The Prudent Speculator that kind of "qualifies" the recent market action. It's good to listen to some voices of reason during confusing times in the market.