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: The Big Picture
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Witte Lecture Series: Tonite & Tomorrow (May 10/11)

Looks like we are just about sold out for this weekend’s lecture at Newport Beach Library in California. This is one of the more fun presentations I do where we reveal secrets heretofore undisclosed guaranteeing you 10x your money why humans make such silly investing errors and what you can do to avoid them. I hope it is both informative and amusing !  

The Cave: Plato’s Allegory in Claymation

This is a wonderful clay animation adaptation of Plato’s Allegory of the Cave, which dovetails nicely into my Decline of America piece posted yesterday. The video demonstrates simply and briefly how our decline is probable but preventable.

S&P500 Long Term Breakout?

Source: Chart of the Day   The US stock markets continue to rally this week, with the S&P 500 trading up on the week.

A Few Words About Alan Abelson

We learned of the sad news of Alan Abelson’s passing yesterday. I know so many people who have “Abelson stories” — from Doug Kass to Stephanie Pomboy to David Rosenberg to Phillip Dunne. Hopefully, these folks will share some of their memories about the man and the writer in the coming days. (Josh does a nice job here).

David Merkel: On Insurance Investing

David Merkel writes: This piece is the sixth out of seven in a series that I have been writing at Aleph Blog.  Here are links to the first five pieces:

What You Need To Know

1. Fame is fleeting. Used to be very few could get through the sieve, now with fame up for grabs, from reality TV to YouTube, it’s easy to break through, but nearly impossible to sustain. 2. Quality counts. If you want to have longevity. It’s too hard to game the system, too hard to stay on top, in the public eye, your best bet is to focus on the work. 3. Talent is not god-given. You have to do the work, there’s no way around it.

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