From: September 2016

The Stock Market Is a Mood Ring

We experienced a historic day in stock markets last week. On September 13th a volatility ETF $VXX traded more than and S&P stock. Blame what/who you want (we will look into some of the reasons later), people and machines are now trading mood over fundamentals. It all makes sense to me. I saw this happening …

51 More Years Would be Sweet

I had a great year.  My daughter Rachel loves her first weeks at college, Max is number 1 on his high school golf team, my wife Ellen still likes me and my inlaws keep their distance.  A few complaints but nothing a highly SEO’d and viral personal blog post won’t cure at some point soon.  …

You’ve Been Rothenberged…Thanks Harvard

I was reading this Rothenberg story/comedy/crime/Harvard case study/celebration and was blown away. Not much new here in terms of greed, fraud and silly investor behavior. I have chased returns and have been fooled myself. It’s infuriating and expensive (time, money, confidence). We miss the obvious signs which in hindsight seem so obvious. In this Rothenberg …

Wells Fargo…Thanks Assholes

It’s hard to fathom the level of corruption taking place at Wells and in the banking system in general. Josh had ‘the’ post on it yesterday. The meat: Is this the Super Bowl of identity theft? How do we even process this? If 5300 employees are involved – and needed to be terminated – along …