The whole idea of "cheating" is irrelevant. No American should be forced to compete on a wage basis with third world countries. Tariffs are a...
Bu way of full disclosure, I am not an advocate of global free trade. Sometimes the assets and jobs go away - permanently - like the textile...
I'm a big fan of a strong dollar. But everyone has to play the hand that is dealt to them.
That's true. If gold prices dropped, I'd probably go back to collecting more gold commemoratives - US and Canada.
If you believe silver will skyrocket in price, then it shouldn't matter much whether you buy now or at $25. The risk of not buying is greater...
Just realize that once silver "crashes" and the present bull market is officially over [and this may already be the case], it might be a very long...
It's all about probabilities, and anything can happen with a single trade. That's why traders who use technical analysis talk a lot about loss...
TA can't tell you that something that is $10 today will be $15 next month or next year. What it can tell you is that when other things have...
I agree. It is no more complex than learning to play a musical instrument, shooting a gun [well], or passing high school geometry -- if you learn...
Day trading isn't something that anybody should attempt if they are serious investors. It isn't investing, it is playing. And the day traders...
Amazingly, I was listening to some investment pundant on TV earlier this week while getting ready for work. He actually said that no person...
3 is the correct number. Munger has been saying this for a very long time. He doesn't equate volitility to risk.
There is a problem with definitions here. Chance is not the same thing as luck. Chance relates to probability. Luck is flipping 10 heads in a...
Most billionaires and millionaires make their money from operating businesses or as executives of companies. So while they may also be stock...
You've pointed out a problem with the coin flip analogy that is so widely used by the academics to demonstrate that people can't beat the market....
The thing I don't like about dollar cost averaging is that it works in only one special case -- where the ending market price is significantly...
Read Buffett's article "The Superinvestors of Graham-and-Doddsville." It answers your concerns and proves Taleb wrong. Of course, anyone is free...
I have no social commentary to make regarding the value of hard work and education vs. lifestyle [the old grasshopper vs, ant story]. I'm only...
I've read Taleb, and some of his ideas are very good. I particularly like his idea of reducing the % of equities in a portfolio and increasing...
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