In financial markets, as in sex, humour and volleying a ball home from just outside the area,
timing is everything.
The superslick who are way ahead of the curve self-compress their future profits through their
inability to appropriately time market entries and exits.
The bewildered who are reactive to the curve simply exist to provide the rest of us with our future
cash.
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Once per month, we provide a Flashback post because it makes us feel good to do this thing.
The offering today was originally published only in March but we think that this post is the most
relevant that we have yet produced on the infeasibility of a sustainable free market capitalist
system.
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The Men's bracket is up and some folks (you know who you are) have already made their picks.
The women's bracket will be finalized this evening. Then we have a couple of days to get
everything set before the games are off and running. I'm using the NYTimes Brackets this year
- we'll see how [..
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