Investment, Fred Schwed Jr.

Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little.

― Fred Schwed Jr., Where Are the Customers' Yachts?: Or a Good Hard Look at Wall Street

'Dr. Copper' Has Raised Doubts About Recovery

'Dr. Copper' Has Raised Doubts About Recovery

Published: Tuesday, 12 Mar 2013 | 1:24 PM ET
By: Jeff Cox
CNBC.com Senior Writer

Both the stock market rally and economic recovery are missing what historically has been a key element - a house call from "Dr. Copper."

http://www.cnbc.com/id/100546529

Fortune: Bill Gross says it's time for investors to plan a "Great Escape"

FORTUNE

Bill Gross says it's time for investors to plan a "Great Escape"
By Stephen Gandel, senior editor March 28, 2012: 5:00 AM ET

Bond king Bill Gross says it's time to get your portfolio ready for a long-period of lower market returns.

FORTUNE -- Apparently, Bill Gross picks movies as well as investments.

Bond investor Gross, who runs the world's largest mutual fund Pimco Total Return (PTTRX), is known for his quirky letters to investors. In the past he has dispensed love advice (specifically for Europe) and written about why he hates automatic flush toilets. His letter this month, which came out on Tuesday, instead offers movie advice. Gross' big screen pick is The Great Escape.

WSJ: Forget About Black Swans, the One Floating Ahead is Neon

THE INTELLIGENT INVESTOR JULY 23, 2011
Forget About Black Swans, the One Floating Ahead is Neon
By JASON ZWEIG

You've heard of black swans—events that are unthinkably rare, immensely important, and as unpredictable in advance as they are inevitable in hindsight. Now, with no one ruling out a default or downgrade of U.S. Treasury debt, investors face a new kind of threat: what we will call the neon swan, an event that is unthinkably rare, immensely important and blindingly obvious.