Or, this positive exuberance could be no more than the enthusiasm of a classroom full of misbehaved children who have just figured out that their substitute teacher is an idiot. Oh boy. Are we going to have fun today.
Or maybe it’s a combination of all three. What do you think?
Read more at Ah, the stock market …
I wrote a book about prescience, the ability to see into the future and understand the true likelihood that an event will or won’t occur. Constructing the plot of d4 forced me to spend quite a bit of time considering how such an ability could work. What’s more, several of my characters were attempting to use their prescient skills to make money in the stock market, so I ended up learning quite a bit more about Mr. Dow Jones and all his friends, too.
Read more at Should I hope for calm or cheer on the storm?
Scenario one: you are in perfect health and in a loving relationship. You are not rich but your material needs are met. You live in a society that allows you to be yourself. However, people treat each other poorly. Kindness is rare and hardly anyone will ever lend a helping hand, no matter what the need. Are you happy there?
Read the entire post on my y1 blog at Some Kind of Kindness.
He got me thinking. There are two ways to approach any competition. One is to take every advantage that you can. Soccer players writhing in imagined pain hoping to inflict a foul on the other team are an extreme example of this. In this world, the savvy player tries to play everyone, and get away with everything possible. The only goal is to win.
The other approach is cooperative only in the sense that one of the goals is to get the calls right. Players believe that points should be scored and games won with good rules that are fairly applied.
What do you think happens most often in a close competition between a team or person taking the first approach and one taking the second? Yes, you’re right. I believe we call it “nice guys finish last.”
Read the entire post on my d4 blog at “Of baseball, tennis and predatory lending.”
In 2007 I took over managing all the money my husband and I had saved over our lifetime, even though I knew nothing about investing. Most of the money was in a 401K plan with my employer. I got laid off, was damned sure I didn’t want to keep that company’s stock, and so I had to do something else with it. We’d already had bad experiences with professionals too busy to answer the questions of folks with our meager level of savings, and twice we’d been directed into investments clearly not in our own best interest. There wasn’t going to be a third time. Not when everything we had was on the table.
So I spent the rest of 2007 figuring out how to buy stocks myself and, hopefully, how do it well. The jargon was overwhelming and the websites intimidating and the calls from other people who wanted to handle my money for me were relentless. I think it was the tenacity of those who wanted to get their hands on my savings that pushed me to persevere. I mean, if they were all that eager to do this, it couldn’t be that good for me, right? Then, well…..
I guess you all heard about what happened to the economy in 2008, didn’t you?
Read the rest of the story on my d4 blog at “The Big Short”: a review and a look at modern investing.