Even though the Ferrari 250 GTO, recently auctioned by Bonhams during the week of the Pebble Beach Concours d’Elegance, didn’t reach the sums speculated but instead sold for ‘only’ 38 million dollars, the growth trend in the classic car market has certainly not lost momentum. On the contrary, more and more people are interested in…Details
Brookings Fellow Richard Reeves explores inequality and opportunity in America with Legos, using them to explain the chances for economic success of Americans born at the bottom of the economic ladder. Reeves shows the chances that the poorest fifth of Americans have to rise to the top, based on their race, the marital status of…Details
I was going though some old bits and pieces and came across some quotes I had collected from the Market Wizards books. “[Michael Marcus – another top trader] taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael taught me…Details
I do enjoy listening to the market.
PEOPLE GIVE IN TOO easily. They crumble, when they should push. They side-step when they should left-hook. Think back to when you were a kid and you really, REALLY wanted that ice cream. Did you take your parent’s word as gospel? Or did you ask, whinge, nag, beg, grovel, whine, stamp your foot and tantrum your…Details