Tim Duy Tries to Understand Dallas Fed President Richard Fisher
The "Uncertainty" Argument

Quote of the Day: Buy and Hold Edition

Edwin LeFebvre: Reminiscences of a Stock Operator:

Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance…