Most of the time, when someone says the stock market is a casino (or like a casino), the rejoinder is “and the house always wins.”
Bankrupt equities, the most volatile year ever and the luckiest day traders
Three posts worthy of your attention from the past week or so…
One Fifth of Investors Sold All Their Stocks
On the new edition of What Are Your Thoughts with Michael Batnick and Josh Brown…
Feelings drive short-term prices
I had an interesting conversation with a friend this morning
Frank Partnoy on the hidden systemic risk of leveraged loans
understanding these things now will be helpful should things begin to get materially worse.
Clip From Today’s Halftime Report
I’m hoping markets trade sideways for awhile: Jim Cramer from CNBC.
Unheard of
Can an army of retail know-nothing pajama traders save a corporation through deliberate indifference?
Listen to Jeremy Grantham explain the slow death of value investing better than anyone
It’s one of the best podcast episodes of the year for me.
Clip From Today’s Halftime Report
Stocks plunge more than 1,000 points as coronavirus cases spike in reopening states from CNBC.
Two big L’s in a row
Those who refuse to acknowledge the racial injustice awakening going on in our country this summer took two big L’s within the last week or so.
