American Express
I spent my weekend catching up on some of the recently released annual reports of the big banks. The more I read, the less I could explain current share prices, which are down quite a bit on the year. Despite these companies growing in intrinsic value each year over the last 5 years, some of...
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While history might not repeat itself, it does tend to rhyme.  Nowhere is this more evident than in the psychological behavior of market participants.  Between 1995-2000, tech stocks and day trading were the rage regardless of valuations.  Ultimately the Nasdaq crashed 75% from the high to the low, wiping our many retirees savings along with...
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