I enjoy capitalism and capitalism via trading because it gives you almost immediate feedback as to your success or failure – there is no need to wait a round to see how things went. The one thing that does give me a chronic case of the squirts is corporate welfare, we have already had the…



Someone dropped this wonderfully insightful image into my inbox this morning. Apparently  it dates back to 1908 – my interpretation of this is that sheep, be they those who just follow or those without a committed opinion get run over by those that do when markets begin to move.

Remarkable Data

I have mentioned before the lack of data regarding real estate which is one of the reasons why it is hard to take any short term pronouncement about real estate seriously. There simply isnt enough quality data to make these sorts of judgments and this situation would obviously be of benefit to land rats since…