As is our custom, we conclude the year by reflecting on the 10 most-read articles over the past 12 months.  In decreasing order, based on the number of unique readers, those are:


  1. Jeremy Grantham: US Stocks are Expensive and Bonds are Disgusting
    By Robert Huebscher
    June 26, 2012

    Jeremy Grantham, who has consistently identified overpricing in the US equity markets - he flagged both the Dot Com bubble and the irrational pricing that preceded the financial crisis, for instance - said last week that US stocks are 'a little expensive' and bonds are 'disgusting.'  But his sternest warning to investors concerned the longer-term threat posed by global resource constraints.

  2. Jeremy Grantham: This Time is Different
    By Michael Edesess
    March 20, 2012

    Jeremy Grantham is a paradox. A man who has said many times, 'This time it's different are the four most dangerous words in the English language,' is now saying - loud and clear - this time it really is different.

  3. Gundlach - Two Dangers for Equity Markets
    By Robert Huebscher
    April 24, 2012

    Don't buy stocks - for real, this time.  That was the message Jeffrey Gundlach delivered to investors last Tuesday

  4. Will Bonds Be ‘Burnt to a Crisp?’
    By David Schawel, CFA
    October 16, 2012

    Bill Gross's recent monthly commentary painted a disturbing picture for investors - he foresees bonds being "burnt to a crisp."  This isn't just hot air. Such a conflagration is possible, and investors in bond funds, especially those that are constructed similar to the widely followed Barclays bond index, need to heed risks inherent in today’s market.

  5. Michael Lewis on the True Depth of the Crisis in Europe
    By Larry Siegel
    January 24, 2012

    Michael Lewis is a financial writer and author, most recently of Boomerang: Travels in the New Third World, in which he reported on the European debt crisis from several of the affected countries.  In this interview, he discusses a range of topics, including the future of Wall Street and the challenges of great financial writing.