Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.
January 12, 2015
The seemingly sudden collapse of commodity prices has made news in the press. Oil declined close to 50% in just a few weeks. The press claimed it was due to increased U.S. shale production and slowing global demand. While these two factors are valid, I believe, they are on the margin. What’s not on the margin: Americans...
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...
- ‹ previous
- 27 of 39
- next ›