One of the most popular articles I’ve written is called Why do stocks go up and down. The conclusions it draws are not what you are going to hear on CNBC or from financial analysts. It’s uncomfortable to think that stock movements have no direct connection to what they call “fundamentals” unless a critical mass believes that and acts on it in the market.…
I was motivated to major in Economics because I wanted to understand human behavior and how the world works. Especially things that don’t make any sense.…
About 10 years ago or so, I thought of creating a website called Steal This Idea, inspired by the classic book by Abbie Hoffman called Steal This Book. Not being a web designer and lacking time, the idea never became reality.
The basic concept was very simple: the world is full of people with great ideas, but few become reality, but rarely because the person with the idea doesn’t want it to be, but because they lack the resources or know-how or even time to make it real.…