I recently read Robert Kurson's "Pirate Hunters," while on vacation. It was an engaging account of The Golden Age of Piracy of the late 1600s and centered upon the effort to locate a one of a kind ship from that era. Kurson's "Shadow Divers" and "Rocket Men" have also gotten very positive reviews. However, I … Continue reading A Pirate Hunter’s [Investment] Process
Modern Portfolio Theory suggests that risk can be reduced through diversification. Euphemisms such as don't put all your eggs in one basket have been prevalent in society for generations, but only within the last several decades has there been enough data and computing power to scientifically and mathematically support the benefits of diversification for investing. … Continue reading Diversify Your Perennial Pasture Portfolio
It was probably the Summer of 1987. In October Wall Street would experience Black Monday, Oliver Stone's eponymously named movie would be released in December, and I could've cared less. I remember slowly turning the dial of the boombox trying to pull the signal in from a distant radio station to hear a Yankees baseball … Continue reading Investing Stranger Things
Did you ever notice that the monkey in the "New Phone, Who Dis" GIF uses a flip phone? Anyone remember when it was a big deal to get the wireless provider to hook your old phone and your new phone up to a computer and transfer the contact information? Were you crossing your fingers that … Continue reading New Phone, Who Dis?
Each day across cattle country tens of thousands of cows change hands at livestock markets. The size and the quality of the venues differ, but most facilities contain a holding area to view the animals, a sale ring that the animals enter and exit, and an amplified auctioneer rhythmically chanting the upward march of the … Continue reading Your (Live)Stock Market Is Turning Your Brain Mushy