Do we have the capability to eliminate booms and busts in economic activity? The answer in my judgment is no, because there is no tool to change human nature. Too often people are prone to recurring bouts of optimism and pessimism.
October 14, 2010
In this edition of Frank Thoughts, Frank discusses the rise of high-frequency algorithmic computer trading and its inherent disadvantages to long-term investing.
THE 800 POUND GORILLA
Everybody assumes “professional” investors are sophisticated and knowledgeable about stocks but are they...