How can people take this anymore . You simply cant make any money in any asset class. Particularly in bonds where the rates are so, so slow, or to be able to pay for tuition. Bonds cant pay that tuition. Youve got to own stocks. You know what you need, though . You need a survival handbook and thats what im giving you tonight. Scandals are not new to wall street. Stock markets, mechanisms havent always been smooth. The 87 market crash, i traded through that. It didnt have anything to do with the economy. It looked like the economy was going to get weak because of the crash. It didnt. It was strong. That said, we do seem to have really ratcheted up the unfairness in the last couple of years. Who can forget, for instance, the hideous event that was the longawaited facebook fiasco in may of 2012 . This was a once of a lifetime opportunity. A company has sterling reputation, a love product. Management quirky but no more quirky than google. Everyone in it had already gotten rich. The compan
Wall street comes up with a new twist, the can if youre not protected, make you feel like its just not worth it to be involved in our beloved stock market. I cant tell you how many times ive come out here on days when theres bad news of glitches or Insider Trading or flash crashes and say to myself, how can people take this anymore . The abuse the answer . Frankly, theres really no other choice. You simply cant make enough money in any other asset class. Particularly bonds where the rates are so, so low. To be able to retire or take that trip you want. Pay for tuition. Bonds cant pay that tuition. Youve got to own stocks. You know what you need, though. You need a survival handbook. And thats what im giving you tonight. First, scandals not new to wall street. I went through scandals in the 1980s. Stock Market Mechanisms hasnt always been smooth. The 87 crash, i traded through that. It didnt have anything to do with the economy. It looked like the economy was going to get weak because o
Travesty. Well, wall street comes up with a new one, a new twist that can, if youre not protected. Make you feel like its just not worth it to be involved in our beloved stock market. I cant tell you how many times ive come out here on days when theres bad news involving ipos or Insider Trading or flash crashes and say to myself how can people take this anymore . The abuse the answer, frankly,s theres really no other choice. You simply cant make enough money in any other asset class, particularly bonds where the rates are so, so low. To be able to retire or take that trip you want, pay for tuition, bonds cant pay that tuition. You got to own stocks. You know what you need though, you need a survival handbook. And thats what im giving you tonight. First, scandal is not new to wall street. Insider trading scandals in the 1980s. Stock Market Mechanisms havent always been smooth. S 87 market crash, i traded through that. It didnt have anything to do with economy. It looked like the economy
The most recent travesty, well, wall street comes up with a new one that can if youre not protected make you feel like its just not worth it to be involved in our beloved stock market. I cant tell you how many times ive come out here on days when theres bad news involving ipos or machine glitches or Insider Trading or flash crashes and say to myself how can people take this anymore . The abuse the answer frankly, theres really no other choice. You simply cant make enough money in any other asset class, particularly bonds where the rates are so, so low. To be able to retire or take that trip you want, pay for tuition, bonds cant take pay that tuition. Youve got to own stocks. You know what you need, though. You need a survival handbook. And thats what im giving you tonight. Scandals not new to wall street, i looked through the Insider Trading scandals of the 1980s. Stock markets mechanisms havent always been smooth. The 87 market crash, you know i traded through that. That reaction had
Else that can top the most recent travestry well, wall street comes up with a new one that makes you feel like its not worth it to be involved in our stock market. I cant tell you how many times i have come out here on days when there was bad news involving Insider Trading or flash crashes and say to myself how can people take this anymore . The abuse. The answer, frankly theres really no other choice. You simply cant make enough money in any other asset class. Particularly bond where is the rates are so, so low. To be able to retire or take that trip you want. Pay for tuition. Bonds cant pay for that tuition. You have to own stocks. You know what you need, though, you need a survival handbook. Thats what im giving you tonight. First, scandal is not new to wall street. Stock markets mechanisms havent always been smooth. The 87 market crash. I traded through that. That had more to do with machines going wild than anyone remembers. It looked like the economy was going to get weak because