February 2004

Market Recap for Dummies

 

Explanations of daily changes in aggregate stock market indices are among the most ridiculous, speculative, and uncertain causal inferences made by journalists. — Edward Tufte My son was looking over my shoulder as I checked my online portfolio tracker . . . The Dow was down, the Nasdaq was down, the S&P was down, all the stocks I own or track were down, nothing but red numbers from top to bottom. Read more →

Lewis vs. Clark

 

My son is doing a 5th grade research paper on William Clark, of Lewis and Clark fame. “Clark was a much better man than Lewis,” he says. “Why do you say that?” I ask. Read more →

« Previous Page