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Olduvai III: Catacylsm
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Penalizing Prudence

PENALIZING PRUDENCE “Economy, prudence, and a simple life are the sure masters of need, and will often accomplish that which, their opposites, with a fortune at hand, will fail to do.” – Clara Barton “Affairs are easier of entrance than of exit; and it is but common prudence to see our way out before we venture […]

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For Heaven’s Sake: Hedge!

For Heaven’s Sake: Hedge! If you’re not positioned defensively by now, you’re nuts Q: How do you make a small fortune on Wall Street? A: Start with a large fortune. ~ old investing adage Last fall, I wrote an article titled Defying Gravity that warned of the absurd price levels that stocks and bonds had risen to. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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