Volatility is back in a big way. Since the downgrade of U.S. debt by S&P, the equity markets have been swinging wildly. There is a sense over the last few days that we have finally gotten past all of this as positive momentum has taken over, but I’m not so sure. We are investing in…
Standard & Poor’s (S&P) has downgraded U.S. Treasuries to AA+ from AAA. While this has been discussed for several months, the announcement yesterday evening came as a bit of a surprise. The question is, what does this mean for you? The truth is that I am not really sure, and neither is anyone else, regardless…
I often wonder, what is the person on the other end of this transaction thinking? One of the best investment books of the last decade isFooled by Randomness, by Nassim N. Taleb. Taleb, an options trader by profession, does an excellent job of explaining how humans are hard-coded to find patterns, even when patterns don’t…
