Gongol.com Archives: August 2016
They are both right and wrong. Passive investing is far better than active investing for people who won't spend the time doing research as thoughtful investors. And that's the vast majority. But active, direct investing is much better for a healthy, functioning capitalist economy. So the problem starts with investor unwillingness to care or participate in the process.
Gary Johnson and William Weld, running as ex-Republicans on the Libertarian Party ticket for the White House, are running on a centrist version of the philosophy -- probably not "libertarian enough" for a lot of true believers, but right in line with what a lot of Americans really believe. The party's opportunity is to emerge as the party of the new American center -- whether it strategically grasps that moment remains to be seen.
Yet another example of a business that once was dominant and today is a rump of its former self
What was once known as Comiskey and later undertook the name "US Cellular Field" (which ceased to make sense after US Cellular left the Chicago market three years ago) will now have a truly clunky-sounding name. But naming rights don't change hands unless the buyer thinks it's getting value for the money.