What Frank Costanza’s Manssiere Can Teach Us About Investing
In investing, the distinction between prediction and reaction helps separate discretionary technical analysis from systematic trend following. In “Seinfeld” lore, it’s also what distinguishes a man who chases schemes and hastily launches consumer products like the manssiere from one who stays disciplined to a single profession and adapts based on what is making audiences laugh right now.
Trend Following: Weed Control for Portfolios
Trend following can be a natural weed killer for portfolios. While weeding isn’t always the most fun activity, it’s generally helpful to weed early – and often.
Clowngrades: Welcome to Wall Street’s Three-Ring Circus
Wild mood swings, spontaneous applause, and a rotating cast of characters who swear their raw talent surpasses the others – are these hallmarks of a middle schoolers in a talent show or Wall Street analysts reporting about financial markets? Hard to know the difference sometimes.
