United Airlines announced fare cuts last week. The reason for this was simple. Other airlines that offer customers a better deal were taking business away. The Byzantine system of pricing airline tickets has finally gotten back to the major airlines because its victims stopped being victimized due to the economic slowdown.More...
The Bush administration made a hideous, unforgivable mistake this past Friday in response to the massacre of Jewish babies in Jerusalem last week. They criticized the Israeli response, the seizing of a dozen Palestinian Authority offices. My response is what right does the Bush team have to even comment?More...
I have been building and tweaking a Red Hat Linux Server in our offices. The intent is to build a new and different web site with connection to some world class research tools and databases. Because computer technology costs money, the machine needs to perform multiple functions. Here is that story.More...
When you make a good call, you make a good call. Momentum traders continued to squeal last week and will probably keep squealing the next. The reason for all this pain is the stranglehold conflicting forces have had and will continue to have on the equities markets.More...
Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group--makes a strong case for index funds with this exhaustive study of investing.
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