The benchmark has been gyrating between resistance at this short - term moving average and support at the 200 - day moving average
for the past three weeks, charting large intraday swings as
investors attempt to find a level of
comfort amongst
equity prices.
The most inefficient tax way to create wealth is to have reportable operating earnings, a Going Concern emphasis; while the most efficient tax way to create wealth is to have unrealized (and, therefore mostly unreported) appreciation of asset values, a Resource Conversion emphasis.There is a high level of
comfort for a buy - and - hold OPMI
investor such as Third Avenue, when investing in the
equities of companies which enjoy strong financial positions.