Monday, May 14, 2007
LIFT OUR STEIN ON HIGH
I consider myself economically naive and uninformed.
I took two terms of Economics in college and sort of 'got it'.
But I am unprepared for the economic paradoxes (paradi?) that abound today.
Apparently, I am not alone.
Assorted Mysteries of Economic Life--Ben Stein
I really like Ben Stein.
I do not always agree with him but I always enjoy reading or listening to him.
Improbably (for an economist) he is an actor too. Ferris Buhler's teacher.

And he is a neighbor! Down the road; Rancho Mirage.
He lists various conundrums that, in my view, make it impossible for a guy like me to suss the economy or to 'play' the markets.
I pay an annual flat fee for others to be as mystified as I am, yet make a commitment and be a bit more wary of the various ball spins.
It is a managed account. They do pretty well. Better than most mutual funds.
I am ahead of the market most of the time and when I am not I get a surge in after the fact to make it up.
But, all these imponderables.
It gives me a headache.
Labels: economy