The stock market further traversed its high wire act this week. Tiptoeing along, while trying to not look down.
Congress even reopened the government – until January 30. That way members can kick back over the holidays before they return to Washington, where they’ll once again pretend to do real work after the New Year.
For sensible investors, staring down extreme valuations and mounting uncertainty, there’s little out there to grab onto. Given these prospects, what can a savvy investor do to find something – anything – that feels genuinely certain?
To answer this question, let’s turn to one of the greatest minds of the 20th century. A Renaissance man named John von Neuman who shaped everything from quantum mechanics to digital computing, and the development of the first American atomic and hydrogen bombs.
Von Neumann was born in Budapest in 1903 and studied in Berlin at a leading scientific institution; one that considered Einstein unqualified for a research grant. He’s also referred to as “the founder of game theory,” and could multiply eight digits by eight digits in his head. Continue reading
