In This Issue:
An Update on Our Performance
Bailout vs. Previous Government Expenditures
A Financial Trap That Catches Millions
Caught In the Trap
Market Rhythms and Rhymes
Playing Against a Stacked Deck
Practicing Paradox Prevention
Wall Street One-Liners
Portfolio Performance Analysis
Sharing the Sport of Basketball with My Daughters
In this month's newsletter, I will explore some possible explanations for why America and the world are once again in this mess. Our research will not be based on economic reasons but on how human beings continually repeat the same mistakes that they have been making for centuries.
Who's to blame for these mistakes? It can't be the system's fault because the system was created and controlled by people. The ultimate reason could be the fact that human beings are both greedy and fearful. They overreact to positive and negative events just as Pavlov's dogs consistently reacted to the ringing of a bell.