Insanity

Insanity

Insanity The often quoted definition of insanity is when we do something over and over again expecting different results.  A recent Wall St. Journal article pointed out the three mistakes that investors make over and over again.  After observing human behavior toward...

The First Time…Ever

The First Time…Ever From the Wall Street Journal, August 27, 2014: The S&P 500 Index notched its first-ever close above 2000 on Tuesday. It took 16 years to gain 1000 points since breaking through 1000 for the first time in 1998. In February 1998, excitement...
Insanity

The Amazing Rise Of The Oil Phoenix

The Amazing Rise Of The Oil Phoenix On Wednesday, June 25, 2014, The Wall St. Journal reported that the way had been cleared for the first export of unrefined American oil in nearly four decades.  Now, let that soak in.  When can you recall seeing, or hearing, those...
Insanity

Financial Somebody

Financial Somebody In recent weeks, I have spent several hours of drive time traveling to conferences in Dallas and Nashville.  I passed my time listening to Sirius radio, which has more stations than any human needs.  On two or three different stations, I heard an...
Insanity

51

51 Recent tensions between Russia and Ukraine have once again brought fears of a market calamity to investors. In part that fear is fueled by the financial commentators on television who use the event to get you to listen to their shows.  They make everything worse by...