Gary Carmell
[UPDATED – January 25, 2017] The DOW opened today above 20,000. The rally from 19,000 to 20,000 was one of the fastest in history. What do these numbers mean? We need to look back at the following from 2015 looking at the historical data.
Last week [August 2015] was one wild ride for stock markets around the world.
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Gary Carmell
With the college football NCAA National Championship game taking place on January 9, 2017, I thought it would be apropos to write about a fascinating study about how emotions can negatively impact people’s lives when decisions are made. The paper is called Emotional Judges and Unlucky Juveniles.
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Gary Carmell
With Bob Dylan having been awarded the Nobel Prize for Literature over the weekend I thought I would honor him by being very self-indulgent and creating my own lyrics to Blowin’ in the Wind. I have often found that taking the time to figure out the most important questions to ask can be more mind expanding and powerful than just focused on getting answers.
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Gary Carmell
I was struck by the powerful insights set forth in an article I read recently on Bloomberg. The premise is that Donald Trump is the first post-literate President. Prior to the written word, and I would also add subsequently the printing press,
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Gary Carmell
One of the driving forces in the economy and society that has made us bullish on apartments is what I like to call “Insecure Growth.” It’s a situation in which the economy continues to grow, albeit slowly, jobs are materializing, and households continue to be formed and yet there is an underlying insecurity and anxiety about job security and how long one might be in a particular location.
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Gary Carmell
“The only way to make sense out of change is to plunge into it, move with it, and join the dance.”
-Alan Watts
David Byrne famously sang “Watch out, you might get what you’re after” in Burning Down the House.
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Gary Carmell
It is estimated that over 40 million people watched the riveting game seven of the World Series between the Chicago Cubs and Cleveland Indians. Having grown up in Chicago and being a former peanut vendor at Wrigley Field and Comiskey Park (where the White Sox used to play) I was emotionally invested in the Cubs.
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Gary Carmell
I am a great admirer of those who have the ability and inclination to deconstruct great performance as well as negative ones too. Charlie Munger is famous for inverting. If you want to learn how to live a great life it can be just as valuable to educate oneself on the characteristics and quality of a miserable life.
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Gary Carmell
I am a huge fan of the Daily Shot. It is a daily composition of charts and interesting news clips that allow subscribers to get a very good feel for what is going on around the world in stock and bond markets,
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Gary Carmell
This week [April 2015] the NASDAQ finally exceeded its previous high reached in March 2001. Here is a graph that shows what happens when a financial bubble bursts.
Since 2009, however, it has been essentially a straight shot upward as if nothing were going to get in its way from reclaiming a new high.
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