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Letters from Linlithgow
Letter from America
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By Mike Williams | 3rd June 2019
What Long-Term Investors Actually Get Paid For
Say good-bye to a very ugly month, and nothing but cloudy, ugly, scary looking things just ahead. And I’m fresh...
By Mike Williams | 31st May 2019
Moving at the Speed of Fear
Another ugly week unfolds, as the same circa 1500 points on the Dow Jones criss-crosses from up days to down...
By Mike Williams | 30th May 2019
You Lost That Bullish Feeling…
Have a look at the chart below from the AAII. I’ve included this to show only the bullish investor sentiment...
By Mike Williams | 29th May 2019
It’s Just Emotion…
Somehow it seems hard to believe that we’ve made it to the summer of 2019. Why? Well. Look how far...
By Mike Williams | 27th May 2019
Not Necessarily the News
“When you look at the dark side, careful you must be. For the dark side looks back.” – Yoda Before...
By Mike Williams | 23rd May 2019
Misery Doesn’t Get Much Better Than This
About 90% of financial headlines remind me of that joke about the horse walking into a pub and the bartender...
By Mike Williams | 22nd May 2019
Wake Me When It Really Gets Tough…
It’s easy to miss the stuff worth looking at in the media while the headlines are dominated by things like...
By Mike Williams | 22nd May 2019
The Worst of All Possible Worlds
That sure was an ugly start to the week. Didn't anyone tell the machines that Monday's are already bad enough...
By Mike Williams | 21st May 2019
When You Only See What You Already Feel, Think and Fear
Am I the only one with that Groundhog Day feeling? Maybe it's the chop in the markets; the utter breathlessness...
By Mike Williams | 15th May 2019
Cringe and Bear It…
“Train yourself to let go of everything you fear to lose.” – Yoda Just in case you were wondering, this...
By Mike Williams | 9th May 2019
Yet Another Earnings Recession Averted
It’s been two days… Two days of selling - 48 long hours - 2,880 minutes – (and for those keeping...
By Mike Williams | 7th May 2019
Bulls Run Further on Fear
The pre-Summer “Sell in May” crowd is even now prepping to roll out for their annual celebration of terrible things...
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