Category: Independent Thinking
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Tomorrow’s Newspaper: the Future, Part One
People often ask me questions of the future. I guess they figure I have such a strong track record, I must know something about the future. I paused my time machine, the rest of the… Read More
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5th Year Anniversary of the Bull Market
This week marked the 5th anniversary since the March 9, 2009 low in stock market. While much of the talk and writing about it seems to be focused mainly on the upside gains since the… Read More
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Oh seven, eight, and nine: Remembering the Last Bear Market
I’ve been working on a report for our clients about the current conditions of global markets and how we’ll know when it changes from positive to negative. I’m calling it something like “What a Market… Read More
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Why Investors Fail
People believe they know things they don’t and focus their energy trying to know the unknowable, rather than focusing on those things we can know and can control. The problem starts with one of the… Read More
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“The whole problem…
“The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts.” —Bertrand Russell (British mathematician and philosopher, 1872-1970) Read More
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The Fed: What Happened Next…
A month ago in “The Fed: What’s going to happen next? I suggested that you might consider that it doesn’t matter what the Fed does – it only matters how the drivers of price react to… Read More
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Madoff wasn’t a hedge fund
Bernie Madoff is back in the news lately as it’s now been 5 years since he was arrested for the largest Ponzi Scheme. For some reason, the name is commonly linked to “hedge funds”. Yet,… Read More
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Do you choose the blue pill or the red pill?
The “red pill” and “blue pill” refer to a choice between the willingness to learn a potentially unsettling or life-changing truth by taking the red pill or remaining in contented ignorance with the blue pill.… Read More