“When I started this website I knew pretty quickly what would generate traffic and attention. If you write about things that really scare people, conspiracy theories, Apple and gold you can drive enough traffic to a financial website to make a decent living (until people realize you’re basically scamming them). I told myself I’d choose quality over quantity and that I would TRY, above all else, to provide relevant, educational and ACCURATE information for people. I knew it wouldn’t be enough to make the site sustain itself, but I truly felt that the alternative was a dishonest and low value way to write about finance, money and investing. I don’t always succeed in this goal, but I always try.
One of the few things I’ve been right about is the “no recession” call since many notable investors and pundits began loudly declaring recession in late 2011. I said none of the indicators were pointing to renewed recession and that the likelihood was for continued meager growth within the de-leveraging cycle. In essence, misunderstanding the balance sheet recession was deadly for your portfolio and your general understanding of macro trends…”
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