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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review

What newspapers were saying when you should have been buying

By Morgan Housel


Businesswoman shocked at her newspaper from Bigstock




Sure, hindsight is 20/20. But this is just too much! Is there such a thing as journalistic malpractice?


JewishWorldReview.com | Everyone knows Warren Buffett's saying, "Be fearful when others are greedy and greedy when others are fearful." It's the most repeated investment maxim in history.

But here's the truth: It's much easier to say, "I'll be greedy when others are fearful" than it is to do it.

There have been four distinct incredible times to be an investor over the last century: 1933, 1942, 1982 and 2009. During each period, you could have doubled your money over the following three years. And during each period, newspapers around the country preached a constant message: Be fearful. Sadly, most of us listened. We are the "others" Buffett was talking about.

I dug through a pile of news archives to see what the media was saying about stocks and the economy during the four greatest buying opportunities of the last century. What I found is what "fearful" looks like.

2009: S&P 500 set to return 104 percent over the next three years


  • "The bottom line is that there is ample reason to worry about slipping into a depression." -- The Wall Street Journal, March 4, 2009

  • "How Low Can The Stock Market Go? Lower ... much lower ... Expect ... new lows reached in the next months and the year ahead." -- Forbes, March 12, 2009

  • "A market for window-shoppers only." -- MSNMoney, March 9, 2009

  • "Renowned investor George Soros said Friday the world financial system has effectively disintegrated, and there's no near-term bottom to this financial crisis in sight." -- Market Oracle, Feb. 23, 2009

  • "As bad as things are, they can still get worse, and get a lot worse." -- WiredPRNews, March 4, 2009

  • "Banking problems drain stock market of hope" -- Houston Chronicle, Jan. 20, 2009

  • "Stocks are in free fall. Investors are in panic mode ... And how low stocks must go before bottoming out is anyone's guess. 'It's a bloodbath, pure and simple.'" -- USA TODAY, March 2, 2009

  • "The stock market slide isn't over yet." -- MoneyWeek, March 2, 2009

  • "At least six suicides have already been linked to the stock market collapse." -- Maclean's, Jan. 12, 2009


1982: S&P 500 set to return 102 percent over the next three years


  • "The frenzy began quickly after Florida market analyst Joe Granville telegrammed subscribers to his 'early warning' service. His advice: Sell everything. He gave no reason." -- Edmonton Journal, Jan. 8, 1982

  • "Nervous? Here's how you can get ready for economic disaster" -- The Montreal Gazette, Feb. 8, 1982

  • "With the recession persisting and stock prices in a long slump, pessimism is in plentiful supply right now on Wall Street." -- Daily News, June 5, 1982

  • "In the current climate ... investors would rather (invest) in a money fund than take their chances in the stock market. So far they certainly have been right." -- Daily News, June 6, 1982

  • "Investors are apparently convinced that the current recession will get worse and are hurrying to sell some of their holdings." -- The Miami News, Nov. 17, 1981

  • "The current downturn will be far worse than envisioned in our earlier scenarios." -- Gettysburg Times, March 2, 1982

  • "Things have gotten pretty bad and they are going to remain pretty bad ... there are some signs the worst may be over, but the best is far, far away." -- Associated Press, March 7, 1981

  • "Lots of investors, mostly Americans, scared by the doom-and-gloom guys, recently bought diamonds for investment." -- The New York Times, June 20, 1982

1942:


  • "Stock Market Averages at Lowest Level Since 1933" -- Schenectady Gazette, April 18, 1942

  • "Turnover on exchange in 1942 smallest since 1913" -- The New York Times, Jan. 1, 1943

  • "So much of the stock market's judgment of the value of common stocks is centering about how they are faring or are likely to fare in a war economy that the whole price structure would be open to radical revision if the war should come to an unexpectedly early end." -- Daily Boston Globe, Jan. 1, 1942

  • "While stock exchange prices have been on the downgrade for several months the average had not until today penetrated the lowest range of the last four years." Associated Press, April 15, 1942

  • "Serving as a leading motive for a good part of the selling, brokers reported, was the wide belief that whatever the form of the new tax bill it would likely cut down sharply the profits available for dividends for a great many corporations." -- The Telegraph-Herald, March 11, 1942

  • "Buying was held at low ebb, brokers said, by fears of new complications in international affairs as a result of bombing of Paris Suburbs." -- The Telegraph-Herald, March 4, 1942

1933:


  • "Economic Breakdown Made 25 Percent of the Population Jobless." Milwaukee Journal, Aug. 1933

  • "Roosevelt warns hardest struggle lies ahead of us; Calls on Nation in Speech to Redouble Relief Efforts Till Recovery Is Complete." -- The New York Times, Oct. 5, 1933

  • "PERIL TO OUR CREDIT SEEN 'Truly Balanced' Budget Is Declared Means of Avoiding Unsound Money. Economy League Warning of National Debt Rise." -- The New York Times, Dec. 13, 1933

  • "Chicago Economy Pares Down Jobs" -- Spokane Chronicle, April 18, 1932


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Most investors want big returns but fear scary headlines. History repeats over and over again that the two actually go hand in hand. Even if we repeat Buffett's "greedy when others are fearful" mantra a thousand times, the idea that the biggest returns come when the outlook is the darkest seems so absurd that most won't be able to follow it. Those who can invariably do the best.

We'll have more panics, recessions and crashes. Most investors will become fearful. What about you?

Sign up for the daily JWR update. It's free. Just click here.

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Comment by clicking here.

Morgan Housel, a columnist at The Motley Fool, is a two-time winner, Best in Business award, Society of American Business Editors and Writers and Best in Business 2012, Columbia Journalism Review.


Previously:


Why you never learn from your investment mistakes

The curse of success, and why most mutual funds fail miserably

If you know only five things about investing, make it these

Why spotting bubbles is so much harder than you think

When smart investors do stupid things

The deep downside of home ownership

The biggest retirement myth ever told

He's rich, smart and old: Listen to him

Admit it: No one has any idea what's going on

Gold collapse: The start of something big?

BAD NEWS: EVERYONE IS RIGHT!

Twitter: The carnival barker of investing

Warning: Don't waste your capital being fooled by profit prophets

25 important things to remember as an investor

New paradigm for both drivers and car companies

Biases that make you a bad investor

Nine financial rules you should never forget

Gaining from financial destruction

How to read financial news

Housing: Partying like it's 1925

A rebuttal to student loan horror stories

CONGRATULATIONS: We just saved half a trillion dollars

End this crazy tax: It will boost the economy

Medicare: A dangerously good deal

Economic future looks bright

The Biggest Threat to Your Portfolio (It's Not What You Think)

Bond Market Bull Run dead at 30



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