Do you remember the television program, “Who wants to be a Millionaire“?The show was actually featured in a terrific book “The Wisdom of Crowds” by James Suriowiecki. If you remember, the contestants were given three “lifelines” to help them. The first lifeline was the “50/50,” where two of the four possible answers were eliminated. So,… [Read More] The Stock Market : Can We Trust the Crowd?
Jott is a great way to send reminders to yourself. But more importantly: the note will be sent by e-mail or text message (or both) to yourself and the reminder will be a text message 15 minutes before whatever time you choose. Now, I use Outlook at work. And, I can’t type very well. I… [Read More] Are You Busy? Try Jott To Get Yourself Organized
I’ve lost count how many times I’ve concluded a meeting, or left an appointment and scribbled something down on a piece of paper and jammed it in my pocket. Then, hours later (or days later), I’ll find that little scribbled note and wonder “now what the heck does that mean?” Or, “what was I supposed… [Read More] Are you busy? Got a cell phone?
The period we’re in now is not necessarily a “bull market” or a “bear market” but more like a structurally “fair market.” I didn’t make that up on my own — Tom Dorsey, from Dorsey Wright and Associates in Richmond coined that term. I think that makes a lot of sense. From 1982 up through… [Read More] Why “Average Joe” Can’t Make Money in the Stock Market
There was an article distributed nationwide, written by the Associated Press, and carried locally in the Asbury Park Press on March 22, 2008. I’ve re-printed the article here, but dropped in my own comments after each paragraph. The main point to take away from this exercise is that by the time news reaches Main Street,… [Read More] Is this Stock Market Recession Worse Than Expected?
All these firms hold the same investments. There is STILL considerable risk in the group. Why did this happen to just Bear Stearns? One of the first things I learned about investments was when it comes to bonds, think chocolate and vanilla, super simple: when interest rates rise, bond prices (values) go down. And when… [Read More] Value of Bonds : Goldman Stearns and Lehman Sachs