Oct
8
Were You Diversified?
October 8, 2008 | Leave a Comment
Every morning in the locker room I hear the same thing. People talking about how much money they just lost in the stock market. The problem is these people are OLD. I really want to walk up to one of them and ask if they were diversified or if the stock market was their only [...]
Jul
18
How Uninformed Investors Keep the Stock Market Moving
July 18, 2008 | Leave a Comment
I used to wonder how the stock market works. After all if everyone trading stocks is rational how can so much money be made and lost? However, so many diverse people and organizations own stock that they are always buying and selling and not necessarily for the best reasons. I was having lunch with a [...]