Markets closed in observance of MLK Day. This is apparently only the second time that the Presidential inauguration has coincided with MLK Day (which became a holiday in 1983), the other time being Bill Clinton’s second term inauguration. Apparently Obama’s second inauguration technically occurred privately on Sunday 1/20/2013, though the public ceremony did take place on MLK day the following day.
"We think they are days from failure. They think it is a temporary problem. This disconnect is dangerous."
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We concluded chapter 15 with some general advice for selecting stocks, but seemingly out of nowhere Graham jumps to a chapter titled ‘Conv...
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After concluding our last post with Graham’s advice to “defensive” or lay investors in which one could argue is a case for indexing, Graham’...
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This chapter is really Graham’s attempt to highlight how all those who participate in what we call “Wall Street” can miss seeing things that...
Edward Quince’s Wisdom Bites: Are You Intelligent? Chapter 19
As we proceed, Graham turns his attention to the role of shareholders’, specifically that they are owners of the company. In the role of ...
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