Category Archives: Stock Market

Making the Impossible Possible

This week brought new evidence, not necessarily that the stock market efficiently allocates capital to its most productive use, but that it effectively separates fools from their money.  The fool gives…Wall Street takes away.  In other words, the house always … Continue reading

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Controlling Economic Diarrhea with Adhesive Tape

Some people never learn.  Give a klutz a hammer and he’ll smash his thumb every time. Give a boozehound a bottle of Strawberry Boone’s Farm and he’ll guzzle it down en route to get another and another…until it practically kills … Continue reading

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The Path of Least Resistance

The stock market hopped like a frog last week…jumping higher than in any week in over two years.  When the week was over, the DOW had climbed 5.4 percent, the S&P500 had climbed 5.6 percent, and the NASDAQ had climbed … Continue reading

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When You Should Buy Stocks

“Bad times have a scientific value.  These are occasions a good learner would not miss.” – Ralph Waldo Emerson Markets Make Opinions “Market’s make opinions,” say the old timers.  But what are the opinions to be made by this ambivalent … Continue reading

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