Sunday, March 01, 2009

Conventional Wisdom

I've written in this space about the danger of conventional wisdom with respect to the markets. Conventional wisdom works when things are conventional. Conventional wisdom is likely to get you killed if you are in unconventional times.

I like Martin Goldberg's blog. He has a post about Consumer Staples---the previously presumed to be 'safe harbor' for investors. His post is entitled: Throw away the cookbook.