In a surprising move, the Boston Red Sox have designated the once-star hitter Hanley Ramirez for assignment. That means they have one week to either trade Ramirez, or outright release him. This is just another reminder to us investors. Even if someone, or something, USED to be a star, if it no longer fits in your game plan, it is time to move on.
Here’s what I’ve been reading this morning:
‘Red Sox to Designate Hanley Ramirez for Assignment’ – MLB Trade Rumors
‘Please Don’t Compare Financial Situations’ – Mullooly Asset Management (VIDEO)
‘3 Misconceptions About Interest Rates’ – Ben Carlson – A Wealth of Common Sense
‘Stock Prices are a Proxy For Our Beliefs About the Future’ – Josh Brown – The Reformed Broker
‘Never Begin With the End in Mind’ – Michael Batnick – The Irrelevant Investor