This morning, I did something that I have done at least once and often four or five times a week for nearly 30 years; I went out running in the dark. This has been a particularly challenging winter with tons of snow, and, more important, lingering ice on the street, but I have my secret…
[VIEW FULL POST]Most people look forward to retirement. They can’t wait to play more golf with their pals, travel, hang out with the grandchildren, perhaps spend more time on non-profits, and generally pursue a more relaxed lifestyle. But some of us don’t really want to retire. Like my partner, with whom I co-founded our finance services company….
[VIEW FULL POST]Last summer, I was invited by a few friends to meet at 4 o’clock on a weekday to play a few holes of golf on a sunny afternoon. As I got out of my car, a guy I know waved and said, “Hey, great to see you, but don’t you still work?” (Yes.) Over on the driving…
[VIEW FULL POST]I work in the stock market, although I have never written a “market” piece in this venue. So why now? Because the broad indices have steadily climbed higher for almost five years and, until recently, no one outside of those of us trading stocks all day, seemed to notice. Now I have to be careful…
[VIEW FULL POST]What can investors learn from the sagas of Lance Armstrong or Roger Clemens? Are there lessons from observing the spectacular career heights and precipitous declines of some of our most celebrated athletes? We exalt in the extraordinary because it makes us feel closer, as humans, to grandiosity ourselves.
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