“The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong. Even if my assumption is occasionally wrong, I use it as a working ...

“My specialty is being right when other people are wrong.” — George Bernard Shaw We are always wrong with being right. The human mind is both brilliant and pathetic — we are continually making new ...

Is lying ever the right thing to do? Are there some situations in which dishonesty is morally justified? Are there good and noble lies? These questions concerning the ethics of lying are more than ...

My firm, LCM Capital Management, has always despised the New Year since our firm's inception more than 25 years ago. The reason: it's when our financial industry parades out their analysts, ...

Joseph C. Sternberg’s “The Fed’s Pro-Inflation Critics Are Off Target” (Political Economics, Aug. 25) reminds me of an old joke: Why did God create economists? Because he didn’t want meteorologists to ...