Nov

12

The End of Wall Street

November 12, 2008 | Leave a Comment

Not to beat a dead horse, or bull in this case, but Wall Street as we know it seems to be gone.  As a child of the 80's, I watched my share of Charlie Sheen/Michael Douglas/Michael J Fox movies.  Wall Street was the place where kids with big dreams went to make it.
Michael Lewis wrote Liar's [...]

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 [...]

Sep

17

Stocks for the Long Run

September 17, 2008 | 1 Comment

http://blogs.law.harvard.edu/philg/2008/09/16/stocks-for-the-long-run/
Inflation has decreased the value of a dollar about 33% since 1999.  The S&P 500 has been stagnate for about that long.  
You would have much more today if you had stashed you money in savings accounts, real estate and CD's.  Most of my wealth is accounted for by cash and real estate.  The minority [...]

Sep

16

Here We Go Again

September 16, 2008 | 1 Comment

I'm sure many financial "experts" are going to tell you to stay the course.  That this is just a minor correction.  The market will work itself out.  I'm not going to do that.  Instead I think this is a symptom of the cancer that has infected Wall Street.
If you want a good read on the [...]

Sep

9

The Stock Market Scam - Stock Options

September 9, 2008 | Leave a Comment

I was reviewing some posts on Mark Cuban's site this morning.  He's an interesting guy with real world experience.  I used to follow his blog closely but a lot of it doesn't necessarily interest me.  Anyway, I'm really interested in his investment philosophy and his talking stocks and money section.
In short, he feels that the [...]

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 friend [...]