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WHAT SHOULD INVESTORS MAKE OF BITCOIN MANIA?
Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios.
The US equity market large companies are trading at an average P/E of about 19 today. That looks positively reasonable to valuations at the turn of 1999 into 2000.
Everything you ever wanted to know about some flights are expensive and some are not...
If only presidential approval ratings were enforceable....
Most people understand that gambling is a low probability endeavor. Bet a little for a chance to win a lot. With such low odds of success, why do otherwise rational persons 'waste' their money. The answer is relative value.
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