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What did our Founding Fathers George Washington, Thomas Jefferson, Abigail Adams, John Hancock, Paul Revere, and Ben Franklin possess in common? Answer: they took action. They changed the course of history by their efforts on the battlefield. As they sat at Constitution Hall, they hammered out th
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December. to your basic thesis has been and you put this terrific presentation together in january called peak everything. and the first point you make is that we should have expected this volatility because we had gone through a period of peak calm, what does that mean? >> that's the nature of markets, and this is a really moody beast but it was behaving in this zen like character for the last couple of years, which is that the american stock market, for example, going back decades, typically has a 10% correction. last year the maximum correction was barely 3%. and this is very unprecedented....