CNBC Mad Money November 13, 2013
How can the market keep climbing and why everyone has such a good return. The nasdaq sank and the nasdaq finished flat. When does prudence dictate ringing the register and going home house of pleasure. To the house of pleasure. Welcome to the intersection of Money Management and valuation. First, i can tell you what we used to do at my old hedge fund. If we came into november well ahead of the averages when they were up as nicely as they are this year, it was, as they say a nobrainer. Wed sell everything. Sell, sell, sell, sell, sell, sell except half a dozen noliquid banks, the ones we had hi...