Thinking of the market as having a personality can be fun and educational.  But it has a dark side as well. Benjamin Graham The idea of Mr Market was [...]

Fundamental Hawk (perusii balancesheetus) Very discriminating in diet.  Often seen scratching in the undergrowth. Subsists on irrationality,  short-lived variety only. Macro Harrier (exsanguinus economicus) Flies very high. Reports of [...]

Suppose I borrow a dollar from you and I'll pay you 100% interest at the end of the year.  How much money will you have then? $1 * (1 [...]