So long as predictions remain popular, and are so numerous as they are today – and so long as they receive notoriety through repetition in the press and on the radio – contrary opinions will increase in importance as thinking aids. “
November 10, 2014
“Ben, will you read this and tell me if anything jumps out at you … or at least surprises you,” I asked my seventeen-year-old grandson. We were in my Jeep heading to the golf course when I had handed Ben a copy of Investors Business Dailey. In the paper was an article about Rowland Macy, the founder of Macy’s Department Stores. Before...
September 04, 2014
If you were to become a “rich man” would you live differently than you currently do … as in showcase your wealth? Most of us could never imagine that a friend could be one of the richest persons in the world … and that we would never know it. A person’s persona can conceal --- or show --- a great deal. Our impression...
August 11, 2014
As I entered the locker room, I heard my name called out. Cringing, I stopped and turned around slowly. The man who had called my name, “Cam” Deveny, walked up to me to ask what I knew would be the inevitable question. “Frank, what did General Electric do today?” “I don’t know,” was my answer. “Well,” he went on “then what did the...
June 11, 2014
It’s 9:30 in the morning at the New York Stock Exchange. A man presses a button that rings a bell and opens the exchange for business. Behind him is a giant billboard with 500 individual lights. Each light represents one of the 500 stocks in the S&P Index. On a typical day 485 bulbs may flash green signifying stocks that are...
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