Fred Flintstone, Archie Bunker and Yosemite Sam walk into a brokerage firm, checkbooks out. What do you sell them?

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Nick Murray says “The ability to distinguish between volatility and loss is the first casualty of a bear market.” I turned to one of my favorite passages of his masterpiece Simple Wealth, Inevitable Wealth this morning as turmoil from overseas and the commodity markets made its way through the headlines. Nick relays a great anecdote about how…

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This was a lot of fun…

The situation in Houston is not getting better and, according to some reports, the real misery is just starting.

Won’t be long now.