We are in the midst of writing a rather long post on the similarities between teenage girls with low blood sugar and daily and intra-day changes in equity prices. Namely, one can see huge swings in behavior, attitudes, and mood caused by seemingly very minor underlying events, e.g., “she looked at me the wrong way.” The “she” in this case being an eight-year-old sister.
However, we couldn’t complete that post because another thought keeps diverting our (limited) attention from it.
We were driving with the Chairman earlier today when she… Read the rest
