What’s the difference between Powerball and the Facebook IPO?
November 2012
Fun and Games and Obvious Manipulation
Friday’s close was the most obviously, nakedly manipulated bullshit close I’ve ever seen. I have no idea who is behind it but this is not what healthy, well-participated-in markets do. There are too many real players to allow for this kind of thing to be able to happen in a real market. This market we…
The Littlest CNBC Fan Loves The Fiscal Cliff
Video.
A Graveyard for Tacticians
Whatever the market historians say about the 2012 stock market years from now, they will certainly have to at least mention how difficult it was for those who practice tactical asset allocation. Not just difficult, actually it was a graveyard. I’m going to show you why: In 2012, there were very few ways to win…
Can Someone Explain this Business Model to Me?
Cartoon.
Clips from Today’s Fast Money
Today on Fast Money – all the highlights below!
The Herd Gets Holistic
Because as their advisors get more holistic and client-centric, they’ll be muddling your message a bit, blurring the lines of your “competitive advantage.”
Give Them Their Bonus or the Terrorists Win
If this isn’t post-millennial America in a nutshell I don’t know what is…
Hot Links: Something Uplifting
Stuff I’m reading this morning…
The Death of a Salesman
Amidst all of the news today about Cliffs and Greeks etc, you may have missed the fact that Zig Ziglar, beloved motivational speaker and author has passed away at 86 yeas old. If you’ve ever worked in a professional sales organization, odds are you’ve come across his work in some way. The brokerage industry that…