Why buy? Because it’s high. Is hardship nigh? My, oh my.

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When I was a little kid and got what I considered a bad grade (let’s say a B+) at school, I would sheepishly come home and start to tell my mom. She could tell I had disappointing news, and she would invariably ask me, “Was it a C? A D? An F?” Hearing her offer some low expectations was a relief for me, and it made me easier to tell her, “I got a B+”, and she would tell me it wasn’t so bad, and we would talk about it. For a little boy, it was a weight off his shoulders. And she did it that way every time.
I suppose, or at least I hope, it was her way of making it easier for me to tell her the news. Thus, in a strange way, telling her something bad was magically transformed into what I felt was actually pretty good news. Hearing her suggest that I might be reporting an “F” but instead giving her a “B+” made me feel good again. It was a curious, but clever, psychological trick.
(more…)Microsoft and Apple can’t be the only stocks that go up. Younger stocks are starting to get some attention, since the world of traders is hunting for newer opportunities. Here are a few whippersnappers coming to life.
