Bill Cara: Productivity rules, Thur., May 5, 2005, 9:20 AM

After posting situations where Bill and I disagree, it seems fair to link to his productivity post. He and I agree that productivity is under-appreciated. It is the wealth creator.

We are also both long-term bulls. I can't call the short-term but stocks are cheap, bonds are dear and real estate in certain markets is getting to be very dear. Under the circumstances, stocks are the place to invest.