Thank You, Polar Vortex!

This has been a nice breakout to new 52-week highs for ERF over the last couple of days: The price of natural gas has really spiked because of the particularly harsh winter the country has experienced this year, but a look at a longer-term chart (keeping things in perspective) shows that this stock was on…

Timing Is Everything

Watching Twitter crash after-hours today on the same day I watched 3D Systems crash in the pre-market really got me thinking about the power of timing in the market. Personally, I believe 3D printing has a bright future, and DDD seems like a well-run, fast-growing company. Traders that bought shares about a month ago might…

Expected Value

I mentioned the idea of “expected value” in my post last week. I believe that the concept of expected value is one of the core principles that is critical to success, not only in the world of Wall Street, but in all areas of life. I talked the other day about the ideas of risk…

Perspective

There is no better entertainment for me that watching CNBC on a day like today. The Dow dropped 326 points, and all of the crazies are coming out of the woodwork and shrieking about how much more the market will drop in the coming weeks. Of course my account took a big hit today, and…

Risky Business

I am a planner. I don’t plan because I am worried about where I might end up without a plan. I plan because I genuinely enjoy the planning process. I’m sure that my enjoyment of the planning process is due to my Type A personality and the sense of control I feel when I decide…