Ah, to be back in South America.  Long-time Trading Deck readers might recall that I spend a fair bit of time in Peru (see “Going Long Two Beaten Down Euro Stocks”).  When you marry a Peruvian, you don’t really have a choice. Not that I’m complaining.  I can say in all seriousness that I’ve never...Read More

Sometimes it is really hard to believe that Wall Street is run by serious, highly-educated professionals.  You wouldn’t hear a doctor use a ludicrous expression like “Santa Claus Rally.”  You wouldn’t take an accountant seriously if you heard them utter pithy nonsense like “Don’t frown, average down” or “Buy on the rumor, sell on the...Read More

The art of investing is an exercise in making decisions under conditions of uncertainty. But today, it seems that the cloud of uncertainty is a little thicker than usual. During times like these, I like to do what your college professor might have called “cheating.” I like to look over the shoulders of other investors...Read More

One of the oft-cited reasons for investing in commodities is that they have historical returns comparable to stocks while having a low correlation to the stock market. The problem is that this statement is patently false.Read More

The Sizemore Investment Letter, is committed to avoiding these kinds of behavioral traps by focusing on macro trends with staying power.Read More