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Handy Andy Kessler

Tuesday, February 17th, 2009, by Richard

Finally, somebody with (Wall) street cred who gets it.
Andy Kessler is a former hedge fund manager, and the author of “How We Got Here: A Slightly Irreverent History of Technology and Markets“.
His most recent and trenchant observations and prescriptions are highlighted in his Wall Street Journal article, “Why Markets Dissed the Geithner Plan” (2/11/09, […]

Nobody Knows Anything

Friday, February 6th, 2009, by Richard

That’s what William Goldman, the legendary screenwriter, said about Hollywood movies in his book “Adventures in the Screen Trade“.
He wasn’t referring to any inherent stupidity among studio executives…rather he simply pointed out that no one knew upon release of a new movie how successful it would ultimately be.
And so it is with markets and […]

Nine Habits for Wellness

Monday, January 26th, 2009, by Richard

As a former pilot, I’ve always been a sucker for checklists.
You may think you are in full control of your agenda…but in a careless moment you can come to grief by not checking off your full “to do” list.
Since there is little we can do to influence or control the major macro economic tides that […]