"The market is like a large movie theater with a small door." -- Nassim Nicholas Taleb, Skin in the Game There is an old saying that experiencing a bull market is similar to riding up an escalator while living through ...

Value investors tend to be philosophical during market meltdowns. "Be greedy when others are fearful and fearful when others are greedy" is well understood as the intellectually sound attitude when markets go haywire. Nevertheless, most of us do not have ...

In recent weeks, investors have witnessed a dramatic acceleration of greatest bear market meltdown since the Great Depression. The Standard & Poor's 500 closed at 683.38 today (March 6, 2009), more than 56% lower than the record closing high of ...