- I guess Citibank isn't too worried about the Volcker Rule.
"Winners go unnoticed because people are looking for winners on the losers page when in fact the biggest winners come from the winners page."
That's a sentiment that Howard has been voicing for a long time now. It's also, perhaps, one of the most difficult natural tendencies to override - I mean - that our nature is to do the opposite: we normally want to buy stocks that are down, not up. I penned a more abstract version of this concept early this year.
-A double shot from Calculated Risk:
and
-If you haven't yet watched John Stewart's piece on "Independence from Foreign Oil," you must.
-KD
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