Seller’s Lament: Always One Price Cut (or More) Behind This chart shows graphically the perils of initially pricing too high, then trying to catch up to a falling market (note: the X-axis is the number of weeks on the market). In this case, the home (not my listing, thankfully) came on the market last July...Read More
How Culpable is Wall Street? “The pressure on financial engineers . . . has been to compete to get new products out the door quickly, with their firms showing little patience for multi-year research and development. It’s too bad these new products could not be labeled “beta” . . . to warn that products are...Read More
