Image Credit: Alex Nabaum By Jason Zweig | Sept. 21, 2018 11:00 a.m. ET Every year, as the end of summer approaches, monarch butterflies head for Mexico, birds migrate south for the winter, and financial pundits predict that the stock market is about to crash. Is the longstanding popular belief that September and October are the worst months for...
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Image Credit: “Next!” (Standard Oil Co. as an octopus), Udo Keppler, Puck magazine, Sept. 7, 1904, Library of Congress By Jason Zweig | Sept. 22, 2018 7:38 a.m. ET In July 2009, journalist Matt Taibbi invoked an indelible image when he described Goldman Sachs as “a great vampire squid wrapped around the face of humanity,...
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Image Credit: Jimmy Baikovicius, close-up photo of Salvador Dali’s “The Persistence of Memory,” Flickr.com By Jason Zweig | Sept. 17, 2018 7:01 a.m. ET In light of my latest Wall Street Journal column about investor Howard Marks’s views on market timing, I thought it might be interesting to unearth a piece I wrote many years...
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Image Credit: Howard Marks By Jason Zweig | Sept. 14, 2018 7:00 a.m. ET Next month, the respected investor Howard Marks is coming out with a new book, Mastering the Market Cycle, whose title might inspire many readers to scour it for evidence that short-term market timing can work. They will look in vain. You should scale back or crank up the level...
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Image Credit: “Men sweeping up floor of Stock Exchange” (1908), Library of Congress By Jason Zweig | Sept. 7, 2018 11:21 a.m. ET On Sept. 1, Barry Popik received a check for $35.98. That legal settlement is all that’s left of the $25,000 he invested in Lehman Brothers preferred stock in February 2008. But money is not all that Mr....
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