We live in a crazy world. Every time one sees the news he sees a world in turmoil. When we see the events in Paris and manhunts throughout Europe, the natural response is fear. For those of us fortunate enough to grow up in an era when world history was still taught, this is scary…
“I will not lie, cheat or steal and I will discourage others from such actions.” That is the honor code at my alma mater Culver Military Academy. There are similar codes at other schools, and while the language varies slightly, the message is the same: I not only will act with honor myself but also…
They say that the road to hell is paved with good intentions – good things that we will get to tomorrow. Take the Federal Reserve for instance: They are going to raise rates – when your target is set at zero, it is tough to do anything else – but when? It could be on…
Making money in a bull market is not a difficult thing. Knowing what to do when the direction turns is what separates the wheat from the chaff. Markets have indeed turned over and the long-awaited correction seems to be in place. So what should one do? What are we doing? First things first: never panic….
A few years back I was playing golf with my minister. We teed off on the first hole and his drive went straight down the middle, while mine went to the right in long rough and behind a tree. I chopped my ball out of the rough and short of the green, while he hit…
