Aside from my traffic in junk bonds yielding over 7%. I normally steer clear of Treasuries as too polite and boring, a sector best left...

My years of religious warfare in the East Bronx dates back to early forties. As a 13 year-old. I sported quick fists and a dirty mouth...

That nothing changes in financial markets is called the naive forecast because markets intrinsically prove volatile, changeable, and...

(This piece responds to Donald Trump’s outburst that our fighting men resting eternally in our cemetery and memorial in Normandy were a...

Arise ye Prisoners of Starvation. As the market stutters I’m finding new untouchables to play. Couple of years ago, stocks like...

I revisited my old stats dating back 50 years ago when the U.S. was mired in deep recession, 1973–’74. Our expression then for the...

A wine advocate who chooses diversity in his inventory, and in tastings, puts any portfolio manager to shame. After all, a great wine,...

For those not around for the original Black Monday, lemme fill you in. First, digest this chart on gyrations in NASDAQ between 2000 and...

The best advice I ever got was from an old trader. When they trashed his stocks, he took a long walk. But, first shut down his quote...

Putting aside Warren Buffett and Carl Icahn who march to separate drummers my take-away on the quarter’s 13f reports shows sizable...

The old peddler sang out as he plied the Bronx streets, looking for business. Actually, I never saw any business transacted. The market...

I surely do. It was late Thirties in the Great Depression. Pop drove a jalopy which took him down the long hill from Mt. Airy to the...

I’m a Great Depression baby (1931.) But, with a good peg from third base, baseball was my game. I never went hungry while we lived off...

The market already has discounted a soft landing for financial assets, housing and iconic art. Nobody expects the FRB to rock the boat...

I am addicted to Venice which I’ve visited summers, annually, ever since 1951. The Vaporetto was free then, a few coppers. You shared a...

As a 10-year-old, the East Bronx was my world. It was 1941 and Bell Lab wouldn’t introduce the transistor for another 20 years. There was...

At midyear, looking at sector weightings in the market, technology has blossomed to 28%. Unless brave enough to put serious assets into a...

I’ve spent over 60 years on the Street, but never carried Treasury bills until recently. Now I own a garbage bag full of ‘em, losing...

Early on, a rim man on the copy desk of a publishing house, all six of us were confirmed horse players. The guy who took our coffee...

“ Get a hunch and bet a bunch.” we used to quip. But, those days are long gone. Today, socially accepted money management is serious, but...