In the February 2016 issue of Richard C. Young's Intelligence Report Dick Young wrote: This month, I have a master list of things you do not want to do in the New Year. In this regard, I asked our management company's E.J. Smith to put together a list of the no-no's that he, Matt, and I had been discussing in recent months. I have reduced the master list to a "baker's dozen." Enjoy and benefit. Do not use stop-losses. Why? Because you get taken out at the market's price (not your price), and then it's a guess when to get back in. Instead, focus on wise words from Vanguard founder Jack … [Read more...]
Archives for February 2016
An American Treasure: Richard Feynman
If you're a fan of the late physicist Richard Feynman then you're in luck. Over the weekend I visited Bill Gates' website: gatesnotes.com and found an absolute treasure: Thirty years ago I went on vacation and fell for Richard Feynman. A friend and I were planning a trip together and wanted to mix a little learning in with our relaxation. We looked at a local university’s film collection, saw that they had one of his lectures on physics, and checked it out. We loved it so much that we ended up watching it twice. Feynman had this amazing knack for making physics clear and fun at the same … [Read more...]
The Monday Melee: Is American Manufacturing Over?
American Manufacturing Shrinks for the Fourth Straight Month ISM Survey Points to Worse Environment for Manufacturing than 2012 Exports Perform Worst in ISM Report Source: January 2016 Manufacturing ISM Report on Business … [Read more...]