Tagged: world’s biggest casino

Department of I Tried to Warn You

One of the most useful tools at a blowhard’s disposal is a search function of his gaseous blatherings. When one is in the business of spouting unsolicited opinions, few of which garner attention or reflection worthy of their profundity, having the means to retrieve long-ignored pronoucements allows the self-annointed know-it-all to remind himself (and anyone...

Insider Trading

The U.S. stock market is the world’s largest casino, except in this particular gambling den players don’t know the odds on their wagers. They just bet and hope. There’s very little correlation between a company’s real value and its stock price or between its earnings and its stock price. If there were, anyone could safely...