As the 2021 pro football season kicks off, the Tampa Bay Buccaneers will start at quarterback a man who by all standard measures is middle-aged. But if 44-year-old Tom Brady plays like he did last season, his team should do very well. Even if you don’t follow sports this is an extraordinary story. Brady’s [...]
Image from Unsplash.com This coming Labor Day will be characterized by backyard barbecues, back-to-school sales, and many employees enjoying the federal holiday. But few people will stop to consider what this day represents in the transformation of what it means to be an average worker in America. And the tragic history that led [...]
In his classic detective story The Purloined Letter, Edgar Allen Poe tells how an embarrassing letter has been stolen (purloined) from the French Queen to be used for blackmail. The authorities believe they know who took it, and order a thorough search of his apartment. The police detectives pull up the carpet, probe seat cushions with needles, [...]
Tony Dungy, who is remarkable for winning a Super Bowl as a player and then doing it again as a head coach, has a simple philosophy for dealing with tough situations. "You can't always control circumstances," says Dungy. "However, you can always control your attitude, approach, and response." This way of thinking is what allowed [...]
In April of 1862, the Confederate Army of the Mississippi attacked the Union Army of the Tennessee, resulting in what was to be known as the Battle of Shiloh. It proved to be the bloodiest engagement of the Civil War up to that point. The nearly 24,000 dead, wounded, captured, or missing totaled almost twice [...]
...as hedge funds go from bad to worse. You may have heard of hedge funds but not be entirely sure how they work. In a nutshell a hedge fund is an investment fund that uses complex strategies, is open only to high net worth individuals, has less regulatory oversight than other types of funds, and [...]
In 1972 the Miami Dolphins had a remarkable run of success. Led by coach Don Shula the team won all 14 of their regular season games and all 3 of their NFL playoff games, including Super Bowl VII. The “Perfect Season” is a feat that's never been repeated, though the New England Patriots came close [...]
Today's article is from the WSJ. I'm sharing it because it serves as a 'heads up', and accurately paints the current tax picture and what the potential picture could be, based on recent statements and predictions. When it comes to the stock market, we never make predictions. When it comes to tax policy, being forewarned [...]
In their paper Evaluation and Ranking of Market Forecasters a team of statistical researchers from the U.S. and Australia sought to rank the accuracy of 68 prominent financial forecasters. The study looked at 6,627 predictions made over a 14-year period about the S&P 500. The time frame of the predictions varied from three to twelve months. What [...]
As I've written in many previous email blasts, we're going to be bumping along between a couple 'guard rails' - 23,000 and 24,000 until the market gets some good news. And while we're traveling this crazy road, it's sometimes difficult to see the bigger picture, especially when the media is blaring doom and gloom 24/7. [...]