Never Mind That Late 2018 Stock Market Swoon “Making money in the stock market is easy: only buy stocks that go up. If they don’t go up, don’t buy ’em.” —-Mark Twain I finally figured out why investing — in the stock market or anywhere else — is so vexing. Because there are only two...Read More
“A lie can travel half way around the world while the truth is putting on its shoes.” –Mark Twain Once upon a time, unscrupulous people were said to “push” or “peddle” lies. In an era of ubiquitous fake news, apparently that’s not energetic enough. Now, if a lie is to get anywhere (never mind “around...Read More
Updating Mark Twain “OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November.” –Mark Twain I have my own version of Twain’s observation about the stock market — as well as a prediction about next year’s stock market action. January: stocks soar. February: ...Read More
What’s a “San Francisco Summer?” Sort of Like a New York Minute “The coldest winter I ever spent was a summer in San Francisco.” –Mark Twain Clearly, Twain didn’t know the best time to visit San Francisco. That would be September – October, when the adjacent Pacific warms up usually chilly San Francisco — often into the...Read More
Car-Washing Window Closed for the Rest of the Week “If you don’t like the weather . . . wait a minute.” –Mark Twain The corollary to the above — at least in Minnesota in December — is, “if you do like the weather . . . get out and enjoy it, because it’s not likely...Read More
Investing Theme Du Jour: “Dynamic Asset Allocation” As a result (I assume) of subscribing to The Wall Street Journal, I’m treated to a steady stream of junk mail pitches from various mutual funds, money managers, etc. The latest: a Boston-based firm that claims to deliver superior returns based on their prowess at “dynamic asset allocation.”...Read More
