Monday, July 14, 2003

Wall Street Great Templeton Says Market is Broken

"Wall Street has its statesmen and its noisemakers. Into the former camp fall the likes of Warren Buffett, the late Leon Levy and John Templeton, the founder of the Templeton funds group. Their wisdom is there for the taking, but when it's deemed to be 'pessimistic,' folks turn away.

That's where the noisemakers come in, ready to rev up any story that gets people buying stocks. "

More expert commentary in the vein of Warren Buffett's recent pronouncement that the stock market is still dangerously overvalued.


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