Palladium Perspectives Newsletter
Download our recent newsletters below.
Winter Issue 2009 [PDF]
"The error is clear. The herd applies optimism at the top [when the market is high] and pessimism at the bottom. Thus, to benefit,
we must be skeptical of the optimism that thrives at the top, and skeptical of the pessimism that prevails at the bottom." Howard Marks, co-founder of Oaktree Capital
(download pdf to read more)
Fall Issue 2009 [PDF]
"The bottom of a stock market cycle, by definition, has to be the point of maximum bearishness. The news doesn't
have to be good for prices to rally; it just has to be less bad than what has already been factored into the market." Barton Biggs
(download pdf to read more)
Summer Issue 2009 [PDF]
"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement,
and shall not take from the mouth of labor the bread it has earned --- this is the sum of good government." Thomas Jefferson
(download pdf to read more)
Spring Issue 2009 [PDF]
"The only thing we have to fear is fear itself. Nameless, unreasoning, unjustified, terror which paralyzes needed
effort to convert retreat into advance." Franklin Delano Roosevelt
(download pdf to read more)
Winter Issue 2008 [PDF]
Fall Issue 2008 [PDF]