Recent Articles
November 22, 2013
“Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted…
November 15, 2013
“The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both…
November 8, 2013
“On what principle is it, that when we see nothing but improvement behind us, we are to expect nothing but…
November 1, 2013
“Speculators often prosper through ignorance; it is a cliché that in a roaring bull market knowledge is superfluous and experience…
October 25, 2013
“Two roads diverged in a wood, and I— I took the one less traveled by, and that has made all…
October 18, 2013
“The iconic actor Errol Flynn is reported to have quipped that his legendary financial problems lay ‘in reconciling my gross…
October 11, 2013
“Capitalism without failure is like Christianity without hell.” -WARREN BUFFETT Why economies fail. Does it ever frustrate you that our…
October 4, 2013
“A comfortable investor is a complacent investor, and a complacent investor is someone who is about to get his head…
September 27, 2013
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to…
January 13, 2012
“It was a year that made the smart money look dumb.” -WALL STREET JOURNAL REPORTER, JONATHAN CHENG Special message: On…
February 3, 2012
“Given the scale of the problems faced by many of the eurozone countries, it is hard to believe they won’t…
February 17, 2012
“In short, the Fed’s actions, rather than helping, are having the perverse effect of destroying the confidence of businesses and…