i have been looking at stocks all day for an investment club i belong to. man, it’s tough finding good companies that are making lots of money and are also socially responsible (one of the criteria of the group). and that are priced reasonably, especially right now. this was a favorite comment on the market from this article:
“It’s like whistling by a damn graveyard,” Saut said. “You’ve got rising inflation, waning economic momentum, waning earnings momentum … I feel like I’m from a different planet. How can we all eat at the same table and then disagree about what’s been served? I look at some of this stuff, and the valuations make no sense to me.”
in other news, my brother just sent me a picture of the floors at my mom’s place in ojai. they turned out sweet.