Cut The Anchor (Bias) And Live (Trade) In The Now

“When the facts change, I change my mind. What do you do, sir?”-John Maynard Keynes “Every day I assume every position I have is wrong.”-Paul Tudor Jones   Are you living in the past, the present, or the future? Most trader/investors live in the past, claim to look at the future, and totally forget about the present. This is probably the wrong …

A Lesson In Bear Market Rallies

As I write this, 4/14/20, the world in general, and investors specifically, are running scared. The Covid-19 virus, the most infectious and deadly virus we have seen in years, is killing thousands of people each day and infecting many thousands more. The developed world, and massive parts of the developing world, is in lock down with everyone but essential services …