Month: August 2010

Let’s say that you and I decide to play pool. We agree to play eight-ball, best of five games. Our perception is that what follows is a contest to see who will do something called winning. But I don’t see it that way. I always imagine the outcome of eight-ball…

I’m thinking of starting my own stock fund. The fund would buy and sell the DOW index according to two simple rules. To be smart, the fund would stay on the sidelines if the market was crashing for some obvious reason. But in normal choppy markets, it would be coming…