GameStop and Other Madness

Scottish journalist, author, and poet, Charles Mackay (1814-1889), is best known for his study of crowd psychology and his tome, Extraordinary Popular Delusions and the Madness of Crowds, first published in 1841. His descriptions of “delusions, follies, and bubbles” illustrate once again French writer Jean-Baptiste Alphonse Carr’s 1849 observation, “The more things change, the more they stay the same.” Take the recent fleeting bubbles in various stocks like GameStop, AMC Entertainment Holdings, and silver related equities.

Read More

Family Adventures and “GranTravel”

    As the Covid-19 second wave continues to tax patience and sanity, and for some, mental and physical health, the need for social interaction, particularly with loved ones, looms larger in our psyche. Pundits forecast pandemic-driven changes in behavior with long term implications, especially for older folks who are reframing many facets of retirement planning and the challenges of aging.

Read More
Subscribe to financial planning