investing »
Numberscruncher: Perfectly Imperfect Information
Eugene Fama is the Susan Lucci of the Nobel Prize world. He not only developed the Efficient Markets Hypothesis, which sits beneath almost every theory in finance, but he also is on faculty at
Read More »Numberscruncher: Mutual Funds and Mutual Conflicts
Last week, I went to a security analysts’ luncheon featuring John Bogle, the retired founder of the mutual fund company Vanguard Group. Bogle didn’t have nice things to say about his colleagues. He said
Read More »Where’s the (Tea) Party?
Rick Santelli of CNBC has called for a Chicago Tea Party, a revolt by taxpayers against a government stimulus package that may reward some irresponsible folks for their behavior. Jon Stewart invited him to
Read More »