A Way Forward

Talk to us: Walt, Mark and Dean

We wrote “A Way Forward” in November in response to an invitation from the Financial Analysts Journal (where Dean is on the Advisory Board) to comment on the “new era.” We did and used combined techniques of looking back for a couple of centuries, integrating technical, economic, and fundamental inputs and relying on a healthy measure of assertions we felt were necessary when venturing into entirely new ground. FAJ, in its wisdom, rejected the article, mostly because it did not rely on an analysis of recent periods (data mining).

However, the paper enjoys a prestigious and lively underground circulation, currently over a couple dozen a day … we like the parallel to the historic popularity of books “banned in Boston”. And Kate Welling’s interview for Weeden attracted a good number more. The paper seems useful to some, perhaps many, and we tried to be as specific as possible; after all that is our chosen goal. And, surprisingly, it has legs. There is not much we would change three months later.

Now it is time to encourage you to speak to us … to comment on things you wish to amplify or to disagree ... whatever. We will devote our attention to your remarks and reply with full transparency for the benefit of everyone.

W, M, D

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