Investing
First of All, Know Thyself
One of the most important elements of success in trading (and life in general) is knowing yourself. If you do not understand how you tick, you will never be truly prepared for the demands of trading, and likely your performance will suffer as a result. Read more →Fiscal Measurements
A former colleague at a major stock brokerage firm always confused "fiscal" with "physical". On June 30th, he would talk about the close of the "physical year". Read more →Five Steps to a Comfortable Retirement - Without Winning the Lottery!
You?ve probably heard about the Nebraska meatpackers who won the largest lottery jackpot in the United States last week. One winner replied ?I?ve been retired for about four days now? Read more →Five Sure Fire Way to Secure Your Financial Future
?You can be poor when you?re young, but you can?t be poor when you?re old.? That was the tag line used some years ago in a financial services television commercial. Read more →Five-Steps to Successfully Monitoring 401k Investments
Employers --who make decisions about their 401k plans--are required by ERISA to employ a prudent process in the management and monitoring of their 401k plan investments. Read more →Fixed-Income Funds: Investing in Bonds
Bonds offer a stable-return for long-term investors. They are often referred to as ?fixed-income? investments because they provide a stable rate of return (called yield) for investors. Read more →Focus Your Investments on the Long Term
"All human power is a compound of time and patience!" Honore de Balzac (1799 - 1850)Long term investing or "Buy and Hold" is not about hunches, emotions, stock tips, market timing or making quick profits! Read more →Follow Condi to Indonesia
Secretary of State Condoleeza Rice?s visit to Indonesia this week is hopefully the start of a much closer and broader relationship. This would be great news for Indonesia and America, the Asia-Pacific region and global investors. Read more →Following A Market Timing Strategy
When it comes to making decisions, our minds tend to perceive and react to the information available to us, each in its own particular way. This is not something we think much about. Read more →FON Daily Chart - Covered Call Example #4
NOTES ON SPRINT (FON)Covered Call1. After a large drop at the end of Jan 2003, Sprintconsolidates around $12.00 and trades in a relatively tightrange, around $12. Read more →1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235
Aphorism
Reporters would say, you mean they gave you guys a Nobel Prize for something as obvious as that [Modigliani & Miller theorem of corporate valuation]? And I’d add, Yes, but remember, we proved it rigorously.
Merton Miller