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Stocks On Sale? Or About To Go On Final Clearance?
During market drawdowns, you often hear financial media types talking about stocks being “on sale.” This phrase has always irked me. It’s completely imprecise and utterly useless. Clichés may help sell airtime, but they get you nowhere toward designing or implementing a comprehensive investment process. Instead of leaning on trite phrases, wouldn’t it be a…
Read MoreSide Effects of the Stock Market May Include…
Pretty much everyone has experienced the agony having their TV watching interrupted by the ubiquitous pharmaceutical advertisement. In fact, they have become so commonplace that an assortment of entertaining spoofs have been created, like this one. As the video above highlights, one of the memorable aspects for many of these medications is the absurdly long list…
Read MoreMotivation or Discipline?
How many times have you stopped and considered the real meaning of words used every day? More importantly, how often do you challenge your own notion of that meaning by looking it up? Recently I heard a friend and father I respect tell his son that discipline is more important than motivation. He said, “Motivation…
Read MoreFamous Strawmen: The Scarecrow and the Best 10 Days Rule
My mother has always been a big fan of Victor Fleming’s “The Wizard of Oz.” When I was a kid, it would be on TV at least once a year, and mom always made a point to watch it. I usually joined her…up until the part where the witch and her creepy troop of flying…
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