Casco gets Boston and the best parts of Maine. Former Oregon gets Hawaii.
Month: August 2013
Happy International Geocaching Day
From the archives:
Bob Lefsetz on Changing Markets and Jeff Bezos
I thought this was thoughtful: “You double down in a crisis. When the stock market tanks, you don’t pull your money out, you buy. This was the record labels’ biggest mistake, it haunts them to this day, when Napster hit they should have started spending, getting ready for the new reality, instead they kept cutting and no one under thirty works there anymore, certainly not anybody with any ambition. Just because newspapers are financially challenged, that does not mean there’s no more need for NEWS! And that’s the dirty little secret, despite all the opinionated bloviating online, there’s very little newsgathering going on online, certainly not when it comes to the big issues of the day…finance, politics and international developments.
Increased Risk
Annual Returns by Asset Class
To me, this is one of the most informative ways to present market history: