Investing is like waiting for paint dry and grass grow so. If you like fun, let handle 800 USD and headed to Las Vegas.

But the trouble is that he [Alan Greenspan] had been an Ayn Rander. You can take the boy out of the cult but you can't take the cult out of the boy..

Second, they [those who disagree with market efficiency] always claim they know a man, a bank, or a fund that does do better. Alas, anecdotes are not….

Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does..

An intriguing paradox of the 1990s is that it isn't called a decade of greed..

Even if this advice to portfolio decision makers to drop dead is good advice, it obviously is not counsel that will be eagerly followed. Few people w….

Economics has never been a science - and it is even less now than a few years ago..

Forsake search for needles that are so very small in haystacks that are so very large..

Perhaps there really are managers who can outperform the market consistently - logic would suggest that they exist. But they are remarkably well-hidd….

Man does not live by GNP alone..

Our ideal society finds it essential to put a rent on land as a way of maximizing the total consumption available to the society. ...Pure land rent i….

Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, ….