Bad Strategy

When leaders mistake short-term fixes for long-term strategy, the results are predictable: weaker markets, distorted prices, and growing costs for everyone else.

What a $0.60 Stock Taught Me About Fear

A $0.60 stock. No good news. And a move Wall Street couldn’t explain. Here’s what panic really looks like—and how investors who understand market mechanics profit from it.

The problem with government is that it eventually runs out of other people’s money

The days of political promises and causes are over. We can’t afford whatever the politicians come up with next. We’ve run out of other people’s money.