It’s been a busy couple of weeks as my son had a significant surgery on his leg last week. Caring for him afterwards has been a round-the-clock job. I hope to be able to jump back into writing a little more in the coming weeks, although we have our big move looming as well. I’ll…
Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime. Teach a man to create an artificial shortage of fish and he will eat steak. ~Jay Leno Today’s quote illustrates why it’s so hard to invest in markets. There are so…
Most of us can read the writing on the wall; we just assume it’s addressed to someone else. ~Ivern Ball Market and economic commentary over the past few months has contained numerous references to walls. Setting aside the irony of the fact that the seat of American capitalism rests on Wall Street, we’ve also heard…
Think left and think right and think low and think high. Oh, the THINKS you can think up if only you try! ~ Dr. Seuss, Oh, the Thinks You Can Think Update: This article was included in the Umpteenth Weekly Carnival of Wealth at Control Your Cash. Thanks! John Mauldin’s weekly e-letter is a must…
When solving problems, dig at the roots instead of just hacking at the leaves. ~Anthony J. D’Angelo, The College Blue Book Update: This article was included in the December 13th, 2010 edition of the Carnival of Personal Finance hosted by Mighty Bargain Hunter. Thanks! There’s little debate that the financial problems we face, both collectively…
If there is one common theme to the vast range of crises we consider in this book, it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom. Infusions of cash can make a government look like it is…
Genuine ignorance is . . . profitable because it is likely to be accompanied by humility, curiosity and open-mindedness; whereas the ability to repeat catch-phrases, cant terms, familiar propositions, gives the conceit of learning and coats the mind with varnish waterproof to new ideas. ~ John Dewey Update: This article was included in the Carnival…
Who recalls when folks got along without something if it cost too much? ~ Kin Hubbard Update: This article is included in the Carnival of Personal Finance #257 – Canadian Bank Notes Edition posted at Canadian Finance Blog. Thanks! The sovereign debt crisis has been front and centre lately in light of the recent market…
