Danielle Park joined us for our bi-weekly chat. The perma-bulls are running roughshod over Wall Street, as usual. However, Danielle has run the numbers and when you see the performance that they’ve turned in over the past decade, they’ve come up wanting in every respect. Their overall return has been pathetic. But don’t expect them to fess up. They’ll tell you that their numbers have been astounding, but that’s not the truth. Danielle believes that new bubbles are being blown and that they will pop at some point in the not too distant future. The key is not to be there when it happens.
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