OT - Gold Stuck in a ChannelSeems like gold doesn't want to go up or down but that will change. I know of at least 3 fairly good prognosticators that are calling for lower gold.
For those of you who, like me, understand they don't know everything about investing, I heard a great podcast yesterday. If featured Howard Marks from Oaktree Capital. One of the biggest takeaways from his new book *Mastering the Market Cycle* is that you have to understand what you don't understand. And that being too early is the same as being wrong. I think that sums things up very well.
Also, which is prescient to this board is that investing is almost entirely an emotional game. When people hate stocks they probably undervalue them and when they love the stocks they are probably overvaluing them. Oaktree has returned almost 20% per year.