History quiz for the new year: What happens after a really strong year in the stock market? Does the market then usually go up, down, or sideways? This is a more important question than many would count it. History repeats itself in many instances because people usually act according to [...]
Learned a lot by not having his father spoil him. Peter Buffett, Warren Buffett's son, says he learned a lot by not having his famed philanthropist father spoil him, "I learned more in difficult times about myself and my resiliency than I ever would have if I’d had a pile [...]
Why do we allow companies to have any profit at all? Independence, MO — If a company makes a profit, doesn’t that mean that it charged more than it should have for its products? This fiscal year ending Sept. 30, our federal government will pay out $2.2 trillion just for safety [...]
Independence, MO It has been almost 24 years since the stock market crash of October 1987, and less than three years since the 2008 autumn crash and the March 2009 bottom. In between there were several other notable drops in the stock market. Whether they take months to develop or [...]
Independence, MO On Tuesday the U.S. government debt limit was officially raised. This obviously could have and should have been avoided by proper actions by Congress and all of the presidents since at least Lyndon Johnson. When I graduated from high school in 1970, my share of the debt was [...]
