Talking Points: Must You Know What Will Happen Next?Is There a Better Way?Strategies When You Know That You Don’t Know “Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.” -Michael Steinhardt "95% of the trading errors you are likely to make will stem from your attitudes about being wrong, losing money, missing out, and leaving money on the table ...
CIA joins Twitter Social media has become such an important element in our day-to-day lives that it’s no surprise companies and government agencies are trying to gain our attention via these mediums. The CIA decided to join in the fun, too. After creating a Facebook page earlier this week, the Central Intelligence Agency in the United States also created a Twitter account to increase its social media presence. ...
77-year-old trader: How I made a lot of money Paul Glandorf rattles off stock ticker symbols the way most people talk about popular TV shows and music. At age 77, he is anything but a stereotypical Wall Street trader. He lives in Ohio and prefers casual "retiree clothing." (He put on a tie for this photo.) But his returns would make many top investors salivate. He participated in an investing competition in ...
Doom & Gloom Sells Improving Economic Data We have noticed that despite an improvement in the economic fundamentals of the United States as per the robust manufacturing numbers, automobile sales data, and upbeat employment numbers in 2014 many go out of their way to find negatives in every economic report instead of focusing on the relativeness of the data. In other words, are we doing better in these areas than two ...
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