Mommy and Daddy’s Money Goes to the Safari Park

This is adapted from a piece I wrote for JMO Research in 2012. It is an illustration of what happens to you and your money when you buy or sell listed stocks through a discount broker who advertises no fees and no commissions. Should you have questions about the current state of affairs of the […]

Follow the money

“Markets always overshoot the rational case, regardless of direction.” – Jeff Banfield, Caravel Capital