Alice laughed, “There’s no use trying,” she said. ”One can’t believe impossible things.”
“I dare say you haven’t had as much practice.” said the Queen. “When I was your age I did it for half an hour a day. Why sometimes I’ve believed as many as six impossible things before breakfast.”
- Lewis Carroll, Through the [...]

T+1 will raise volatility.  Often increases in the technical efficiency of information or trading systems increase volatility, because people can act precipitously on information, all at the same time.

There was an effort in the early 2000s to make almost all securities settle as a rule in one day.  Three days was the rule for most [...]

I can’t imagine a world without the internet or computer. I use it for most everything from shopping, to planning a trip, catching up on the news or with friends, advertising and even to backing up my office computers. I admit it, I’m a computer/internet nerd. I freak if I can’t get on to the [...]

Every excess eventually unwinds.  When an excess unwinds, the fall gets exacerbated by trend-followers blowing out of mutual and other pooled funds with lousy relative performance.

If you had a list of who owned a given publicly-traded asset, and when they bought it, you would know a lot about how patient, intelligent, indebted, etc., the holders [...]

CPA firm leaders often debate over what their tagline or slogan should be. Is yours memorable, unique and maybe even fun?

Remember these?

My bologna has a first name, it’s O-S-C-A-R.
What would you do for a Klondike bar?
M’m, M’m! Good!
A little dab’ll do ya.

Check out this list of slogans and jingles and smile… it’s the [...]