Quote of the day...
Money and Finance

Quote of the day...


From Michael Lewitt (video):
I feel today the way I felt in 1999-2000. The way I felt in 2007. Where the cycle is getting very extended. Things feel really excessive. And it's really frustrating, because I feel that the markets are not pricing risk properly, and yet they keep going up. And I really feel like banging my head against the wall. In the most recent issue of my newsletter, I say I spend more time at the gym because the alternative is banging my head against the wall, and that's really bad for the wall.





- Links
Michael Lewis on what execs and elites often overlook (video) [H/T Linc] (LINK) The moral problem, such as it is, on Wall Street isn’t that people are kind of looking to do bad things. That’s not at all what people are doing. I think they would rather...

- The Moral Power Of Curiosity – By David Brooks
Link to article: The Moral Power of CuriosityMost of us have at one time or another felt ourselves in the grip of the explanatory drive. You’re confronted by some puzzle, confusion or mystery. Your inability to come up with an answer gnaws at you. You’re...

- John Mauldin's Outside The Box: Taper Capers - By Michael Lewitt
Michael Lewitt has long been one of my favorite thinkers and writers on matters economic. He's incisive, thorough, and, well, pithy. No holds barred. Today's Outside the Box features an extended excerpt from the October issue of Michael's...

- Recent Buy
This morning I purchased 40 shares of Target (TGT) for a price of $61.81 per share.  With the current dividend payment of $1.44 I was able to pick up the shares for a 2.32% YOC.  I've been following Target for a while and the price just never quite...

- Sell Or Not To Sell?
Okay, we all have stocks which are not doing well and stocks which are doing very well. As I wrote before, for me it's always very hard to pull this trigger and sell my winner... I know that lots of dividend stock investors think that we need to...



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