Drive For Show…..Putt For Dough
There are a lot of similarity between golf and trading. Both are fundamentally mental activities and the person who makes the fewest catastrophic errors wins. Golfers are also prone to the same sort of magical thinking that afflicts traders – if I use so and so’s clubs then my game will get better. Which is…
DetailsCorrection Ahead……Apparently
I offer the following chart and implied prediction from the WSJ without comment….. Well maybe one comment…….
DetailsGrowth or Bust
If there were more corporate collapses, the economy would be a healthier place Given the collapse of Comet last week, here’s a contrarian claim: far too many companies are staying solvent, avoiding bankruptcy and continuing to trade despite the troubled economy. If only we had a few more corporate collapses, the economy would be a…
DetailsQuote Of The Day
‘A Person Becomes Old When His Mind Is More Occupied By Memories Than Aspirations’ This extremely perceptive quote is apparently attributed to web designer Navin Kulkarni a web designer who I am unfamiliar.
DetailsMail Bag Time
Its time to dig into my mail bag and see what half baked homilies which pass for series content I have received this week. This weeks winner comes from an email newsletter I seem to be getting that has the quote….. “Get out of the casino, own Corporate America and hold it forever! No trading,…
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