Comments on: The Simple Dollar Weekly Roundup: Midwest Blizzard Edition

By: Telephus44

Telephus44 — Wed, 02 Feb 2011 20:07:37 +0000

on EMH – the best book I’ve read on this is The Long and the Short of It. Essentially, the author’s take is that the theory is very “illuminating” but not true. To believe it blindly is wrong, but to ignore is as totally false is wrong too.

By: JJ

JJ — Wed, 02 Feb 2011 19:55:27 +0000

Whether one believes in the EMH or not, the fact remains that investors are better off investing as if it were true.

By: Jackie

Jackie — Wed, 02 Feb 2011 17:40:08 +0000

Tolstoy wrote those rules when he was 18. Presumably before he was married. (Not everyone can stick to the rules)

By: Jamie

Jamie — Wed, 02 Feb 2011 17:31:10 +0000

@Katie: His wife was actually pretty miserable and they had a terrible relationship– Tolstoy wrote a book called “The Kreutzer Sonata” that was banned for a few decades because it attacked women pretty ferociously, implying that they are pretty much all the same, distracting, and bound to be the downfall of men. Eventually Sophia Tolstoy’s journals were published, giving additional insight into the life of her husband’s true personality. You’re right, he probably did have a number of affairs.

(Hooray for Russian Literature classes!)

Like Trent, I find Tolstoy’s attitude amusing :-)

By: Anuj Joshi

Anuj Joshi — Wed, 02 Feb 2011 17:02:24 +0000

Efficient-Market Hypothesis – Are You a Believer?

There is always a major risk in forming a very strong opinion when it comes to trading and investing.

As I am a trader and an investor both at the same time.For my short term Forex and futures analysis,I am a believer of Efficient-Market Hypothesis.One has to accepts the prices that we see while trading and not get egoistic about a trading position.But when it comes to long term investing and specially value investing.It is all about finding an irrational price behavior and taking advantage of that condition in a systematic way.

Technical analysis i.e study of charts,trends and indicators is based on Efficient-Market Hypothesis while Value investing is based an opposite premise.Both are widely accepted strategies of trading and investing.

By: CB

CB — Wed, 02 Feb 2011 15:45:40 +0000

Markets are a level-playing field for a value investor who buys solid companies and uses the inevitable swings up and down to his or her advantage. See Janet Lowe’s new book for clear explanation of value investing.

By: valleycat1

valleycat1 — Wed, 02 Feb 2011 15:29:13 +0000

The Zen Habits article – this is how I lost 15 lbs over a a 6 month period and anticipate dropping another 10 eventually. I’m still working toward developing even more healthy habits, but small changes do add up over time!

By: Darwin's Money

Darwin's Money — Wed, 02 Feb 2011 15:18:24 +0000

We’re getting hammered with ice out in the East. And I just got off the phone with a guy from Australia running from a Class 5 cyclone! Crazy weather everywhere!!

Thanks for the mention; love the roundup.

By: Katie

Katie — Wed, 02 Feb 2011 14:05:52 +0000

Wasn’t Tolstoy’s wife intimately involved in his work, at least until their relationship deteriorated later on? I suspect that it’s really a goal of staying away from other women (which I gather he didn’t always do); a man of his station in that era would probably have been expected to have a number of mistresses, which would have been distracting indeed.