There is only one side of the market and it is not the bull side or the bear side, but the right side.
February 07, 2014
It was the end of a day as I sat in a local restaurant kvetching to a friend. Kvetching is Yiddish for complaining. I really love Yiddish because it often captures not only a word but the sound of feeling in the word. It’s spoken emotion. “It’s been a five-year secular bull market,” I kvetched. “So what’s the problem?” he asked. “...