Am I the only one who doesn’t know stuff like this? Does that 12-year-old with the cell phone and the book bag know it? Probably.
It seems that your cell phone likely has an e-mail address, and that you can likely find it by clicking here. This is one of the help pages of […]
Well, there are two ways this can go. The market can just keep generally climbing from here, leaving last week’s lows behind forever . . . with lots of people really worried that the worst isn’t really over, but the market climbing that wall of worry (this is a market cliché: bull markets climb a […]
My ten-year-old friend Laura made the most remarkable observation by the pool Saturday, and I’m assuming that several of you will be able to solve the mystery. ‘Diet Coke floats,’ she said quietly. ‘Regular Coke sinks.’ Now please: how could that be? But sure enough, there were several cans of Diet Coke bobbing in the […]
‘Republican House leaders are planning to offer a set of tax breaks … to help individual investors who got burned in the recent market meltdown, in a bid to regain the upper hand in the debate set off by corporate scandals, Thursday’s Wall Street Journal reported.” Jim Thorp: “Any opinions on this? I would […]
I know what all you early birds did yesterday. You got your coffee, opened this web page, nibbled at your blueberry muffin, and then nibbled at the six stocks I mentioned. You clicked over to your deep discount broker, placing market orders at $8 commission each to buy them ‘at the open.’ You paid […]
You should of course, do little or no investing directly in stocks. It’s a very tough game to win, and you are competing with people who have advantages you don’t. You may have heard me quote Michael Steinhardt, a famously successful investor, who, when asked the most important thing individual investors could learn from […]
Thanks to those of you who pointed out that Dick Armey is House – not Senate — Majority Leader. I actually knew that. (The House is the one with the 435 members, right? I’m constantly getting them confused. If the Senate is the more elite body, how come some states have more senators than […]
David Smith: ‘Thank you, thank you, thank you for that article by Andy Grove. I actually read that a Congressman blamed the entire stock market mess on business people, saying the bubble was caused by their lies, not investor greed. I wish every member of our government would read that article.’
1. Paul Lerman: ‘Did you happen to see this recent New Yorker cartoon? Three smirking captains of industry, sitting around in a plush office, looking very pleased with themselves (two smoking big cigars). One says, ‘Well, we’ve licked taxes, that just leaves death.”
2. A great piece by Intel founder Andrew Grove in Wednesday’s Washington […]
Some good news: We’ve been in a bear market longer now – 844 days since the S&P 500 peaked at 1551 on March 26, 2000 – than at any time since the 1930s. With the S&P down 41.5% to 906, that’s good news because it’s very similar to that thing at the dentist, where you’re […]
Quote of the Day
Market economics as currently practiced often ... includes only what's countable, not what counts.~Rocky Mountain Institute
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