Investing: High Price Ratios and Cheap Stocks?

At the top of the late great bull market in 2000 investors kept coming up with reasons why stocks weren’t really overpriced. I came up with a few juicy theories myself that will live forever in the Rationalizations Hall of Fame. But now, in the bowels of the...

The Anti-Capitalist Mentality

Consider the following statement issued on September 27, 2002 at a press conference by the leaders of last weekend’s “anti-capitalist convergence” in Washington, DC after hundreds of protestors were arrested for acts of violence and disorder,...

Does waging war on a tyrant make one a tyrant?

Agitated reader: I just can’t stomach your narrow minded opinions anymore. What gives the United States moral authority to wage a war against not just a tyrant, but innocent people? Dr. Hurd: What exactly would broad minded opinions consist of? Treating the...

Latest Version of Old Ploy

California’s Governor Gray Davis has gotten himself some front-page headlines, not only in California but across the country, by signing into law the first mandated provision for paid leave from work (at half pay) for people who say that they have family...

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