To those of you who know me I might not be a Fashionista – but I know a good looking stock when I see it. In a column for Heard on the Street in this weekend’s WSJ Meg Tanaka turned…
For years one of my favorite columns in The Wall Street Journal was Dan Henninger’s Wonder Land which he sadly discontinued after 23 years this January. So I’m taking over for the day because yesterday was a whopper! While Henninger…
In my opinion the greatest book ever written on trading is Reminiscences of a Stock Operator (1923) by Edwin Lefevre. Reminiscences tells the story of Jesse Livermore – by most accounts the greatest trader of all time – under the…
When I was a kid I collected baseball cards. Most of my friends did too and we used to make trades. There was a monthly price guide called Beckett in which the fair value of all cards could be found….
I’ve long been interested in Snapchat (SNAP) because of its popularity with young people and its large user base. But I threw in the towel on my small position this morning after yesterday’s 2Q25 earnings report. My thesis was that…
In his classic work of Political Philosophy Anarchy, State, Utopia (1974), the Philosopher Robert Nozick first introduced his thought experiment of The Experience Machine. Imagine that there is a machine that you could plug into that would make you feel…
It takes a man a long time to learn all the lessons of all his mistakes – Jesse Livermore It must be noted that your Chairman, always a quick study, required only 20 years to recognize how important it was…
The stock market continues to move higher since its April 9 low with the S&P now up more than 30% since then. The move is starting to defy logic as there are risks around tariff policy, the deficit and debt,…
When a stock is up 77% YTD I start to wonder if it’s time to take some profits. But after reviewing Newmont’s (NEM) 2Q25 results after the close Thursday, I believe investors are still skeptical about gold and the gold…
The S&P closed Thursday only a few points shy of a new All Time High. With Futures currently in positive territory, it appears the market will make another run at it Friday. While everyone loves a bull market, there are…