There really is no

There really is no foolproof or even optimal way of dealing with White House emissaries who tell whoppers on live television. On the one hand, there’s value in hearing what our government has to say about its actions and vision for the future. On the other, news organizations are responsible for the factual hygiene of … Read more

A common mistake that

A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools. Douglas Adams

The investor has a

The investor has a right to expect good results to flow from a consistent and courageous application of the principle of buying after the market has declined substantially and selling after it has had a spectacular rise. But he cannot expect to reduce this principle to a simple and foolproof formula, with profits guaranteed and … Read more