Month: September 2016

Where Ignorance is Bliss

  • Investing
  • Charlie Bilello

“Where ignorance is bliss, ‘tis folly to be wise.” – Thomas Gray I have a confession to make. I don’t read, listen to, or watch “the news.” Some time ago a light bulb went off in my head: The news is overwhelmingly filled with bad, depressing stories. Reading depressing stories makes me feel depressed. Depression […]

  • Posted in Investing
  • Comments Off on Where Ignorance is Bliss

Following Gurus Is Not A Strategy

  • Investing
  • Charlie Bilello

“It has always seemed to me the height of damfoolishness to trade on tips. I suppose I am not built the way a tip taker is. I sometimes think that tip takers are like drunkards. There are some that can’t resist the craving and always look forward to those jags which they consider indispensable to […]

  • Posted in Investing
  • Comments Off on Following Gurus Is Not A Strategy

“Interest rates are going to rise … and rising rates are always bad for stocks.” – XYZ Pundit Rising rates are bad for stocks – fact or fiction? Despite what you may have heard from XYZ Pundit on financial TV, the relationship between interest rates and stock market returns is not exactly cut-and-dried. (Side note: when […]

Martingales and Markets

“You cannot beat a roulette table unless you steal money from it.” – Albert Einstein Roulette is not a “fair” game, but it’s about as close as you can get in a casino. Assuming a standard wheel with 18 black slots, 18 red slots, and two green slots (0 and 00), your odds of hitting […]

Check out Ed Dempsey’s interviews below.

  • Posted in Media
  • Comments Off on Ed Dempsey on CNBC Talking Gold and the Stupidity of Politicians