For What It's Worth Blog

When I first thought about a career in investing, my research led me to a book, Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay, with a foreword by Bernard M. Baruch, th … read more

Is this it? Last week and early this week, volatility caused a crumbling of the foundation for stock prices. Will it continue? No one knows. What is the cause? A combination of factors. Financial c … read more

It’s been a while since the last FWIW, primarily due to my fatigue from writing about the Fed and inflation. The sanctimonious comments that the Fed is independent from political influence are why … read more

Isn’t this fun? The string of record highs in the major indices is enjoyable. Enjoyable not only because of the ballooning value of portfolios, but enjoyable listening to the various commentators t … read more

Sometimes it appears there are no good answers or positive outcomes. One reason is the country, and the world, have allowed proponents of the negative aspects of society to come to the forefront, p … read more