There is only one side of the market and it is not the bull side or the bear side, but the right side.

September 11, 2018
My first experience with the speed of light was as a young caddy. As I looked across a fairway I saw a golfer hit a tee shot some distance away. The player hit the ball, finished his swing, and then – what seemed seconds later in the hot humid air – I heard a CRACK sound. I was puzzled. At the time, I didn’t know the speed of...