Archive for March, 2011

(This was originally posted 3/18/11; a software glitch requires that this be re-posted.)  The heart-wrenching and volatile situation in Japan has rattled the world’s stock markets.  Daily headlines right now seem to exert greater influence on stock prices than the underlying fundamentals. Wild swings have become the norm, at least in the short term. In [...]

Not long ago a client forwarded me a solicitation email which contained dire predictions about the financial world. He was truly concerned, writing, “It is very uncomfortable to read stuff like this.” I wrote back, “Then why do you read crap like that?” First, this client and I have a long and friendly relationship, so [...]