Thursday, December 06, 2007

I think I'm gonna be sad,
I think it's today, yeah.
The girl that's driving me mad
Is going away.

She's got a ticket to ride,
She's got a ticket to ride,
She's got a ticket to ride,
But she don't care.

She said that living with me
Was bringing her down yeah.
She would never be free
When I was around.

She's got a ticket to ride,She's got a ticket to ride,She's got a ticket to ride,But she don't care.I don't know why she's ridin' so high,She ought to think twice,She ought to do right by me.Before she gets to saying goodbye,She ought to think twice,She ought to do right by me.I think I'm gonna be sad,I think it's today yeah.The girl that's driving me madIs going away, yeah.She's got a ticket to ride,She's got a ticket to ride,She's got a ticket to ride,But she don't care.I don't know why she's ridin' so high,She ought to think twice,She ought to do right by me.Before she gets to saying goodbye,She ought to think twice,She ought to do right by me.She heard that living with me,Was bringing her down, yeah.She would never be freeWhen I was around.Ah, she's got a ticket to ride,She's got a ticket to ride,She's got a ticket to ride,But she don't care.My baby don't care, my baby don't care.My baby don't care, my baby don't care.My baby don't care.

Wednesday, December 05, 2007

4 Words That Will Make You Poor

By Rick Aristotle Munarriz December 4, 2007
4 Recommendations
We live and die one catch phrase at a time. We can't help it. Mantras feel so good as they roll from our tongues. We cling to them because they're catchy, like cotton candy on sticky fingers.
We can be so stupid sometimes.
OK, let me narrow that down. I can be so stupid sometimes. I've been seduced by market poetry. I've accepted a battle cry like "bulls make money, bears make money, but pigs get slaughtered" as a Wall Street truism. But maybe it's time I stick up for this little piggy that went to market.
I understand why bulls make money. There's a historical advantage to going long. Daily downticks and corporate meltdowns show how bears make money, even if it's a trickier practice, given the market's tendency to inch higher over long stretches of time.
But I get lost with this obsession with turning a pig into canned pork product. What's the problem here? Are you a glutton at the feeding trough if you hold on to a company for too long? Of course not. Great investors like Warren Buffett have held winning stocks for generations. Are you piggish because you hold a 10-bagger with the hope that it will roll into a 20-bagger? If so, hold your snout up high, because some other nervous Nellie cashed out earlier when it was just a five-bagger.
I would argue that "bulls make money, bears make money, pigs make more" is a better slogan. Yes, it sounds hedonistically stubborn. There's a certain stench of Gordon Gekko arrogance in claiming that greedy investors come out ahead. However, history teaches us that there are times when it's good to be a pig.

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