With the Michael Jackson verdict now in, perhaps Wall Street can put this unfortunate distraction behind us, and get back to the business of trading stocks.
As I’m sure history will prove, this has been the most important story of the century, and fully deserved the breathless 24/7 coverage the major media has given it. There’s really nothing remotely close to as important — not the War in Iraq, not the Avian flu, not the growing global economic issues.
Is it any wonder that the MSM is held in such disrepute?
Nice piece by BMO Nesbitt on why investors fail: “Individuals have historically underperformed the markets, earning just 2.6% vs. the S&P 500 gain of 12.2% between 1984 and the end of 2002*. Research in the U.S. has shown that this dramatic underperformance comes as a direct result of client behaviour, or more specifically, the attempt…Read More