A "short" sale occurs when someone bets a specific stock or generally the market will drop in value. Perhaps the most famous practitioner of the short sale was Jesse Livermore. When the market crashed in 1929, he had sold short. He made millions, while other, less-inspired traders, leapt to their deaths from office windows overlooking Wall Street.
At the end of the afternoon, when various news programs report the day's trading, rare is a camera shot of the trading floors. In…
ContinueAdded by Mark Small on March 20, 2013 at 6:00am — 1 Comment
By my second year at DePauw, I had learned a valuable lesson about law and the State of Indiana. One could not buy carry-out in the Hoosier State. By that, I mean one could not walk into a grocery or liquor store and purchase a 12-pack or a case of beer—or a bottle of wine or whatever. I began a practice that has lasted to the present day. On Saturday, I always stock upon my favorite beverage. (At present I prefer Bud Select®—fewer calories and the same taste as Bud Lite.)
When…
ContinueAdded by Mark Small on May 3, 2012 at 6:08am — 1 Comment
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