Rising Prices for Slow Snails
Posted on Wednesday, April 16th, 2008 | In Market CommentaryContributed by: Prieur du Plessis (http://www.investmentpostcards.com) -
Magazine covers, especially as far as international publications are concerned, frequently get their timing wrong on “big picture” events. As such, covers are often used as contrarian indicators. Intuitively it does not seem that this will be the plight of the cover of the latest Economist, but let’s keep an eye on how events unfold.
On second thoughts, the magazine’s emphasis should perhaps have been on the price of the escargots going through the roof, together with food in general, rather than on the slowdown per se. Full marks in any event for a fabulous illustration.
Source: The Economist, April 12, 2008.
Last 5 posts by Prieur du Plessis
- Donald Coxe – Investment Recommendations (November 2008) - November 19th, 2008
- DEBT – No Longer a 4-letter Word? - November 18th, 2008
- Video-o-rama: Jim Rogers on the lie of the land - November 18th, 2008
- Video-o-rama: The unfolding financial crisis - November 13th, 2008
- Stock Markets: Which Way José? - November 12th, 2008
 About Prieur du Plessis (http://www.investmentpostcards.com)
Prieur du Plessis has 25 years’ experience in professional investment research and portfolio management. More than 1,000 of his articles on investment-related topics have been published in various regular newspaper, journal and Internet columns. He has also published a book, Financial Basics: Investment. Prieur is chief executive and principal shareholder of South African-based Plexus Asset Management, which he founded in 1995. The group conducts investment management, investment consulting, private equity and real estate activities in South Africa and other African countries. Plexus is the South African partner of John Mauldin, author of the Thoughts from the Frontline e-letter, and also has an exclusive licensing agreement with California-based Research Affiliates for managing and distributing its enhanced Fundamental IndexTM methodology in the Pan-African area. Prieur is 52 years old and lives with his wife, television producer and presenter Isabel Verwey, and two children in Cape Town, South Africa. His recreational activities include long-distance running, motor cycling, traveling and reading. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.