QOTD
"Rent, don’t own stocks."
- The Mad Hedge Fund Trader, source
I like this Mad guy (TMHFT). I don't agree with all his politics, but he's got some great investing advice... one of the best blogs I follow.

And yes, TMHFT, I'm working every day to become a good renter of stocks. Huzzah!

Politics
Prince Charles, The Pope, special surtaxes on the wealthy to pay for socialized health care, 10% unemployment, CA bankrupt... my, my, how the worm turns.

Sarah Palin quit as AK governor... basically claiming harassment. She counts 19 separate bogus ethics complaints as her proof (source). I believe her; the left is not anchored by ethics. But that's the price of admission, baby. I hope she cashes in and raises her family.

Good WSJ op-ed today: Europe Should Hope Obama Fails
The point: Europe has been buoyed by American growth via capitalism.

QOTD2
"Bull markets move in perfect 18 year cycles, and we are only half way through a generational washout in equity ownership that started in 2000. “Buy and Hold” is dead. An S&P 500 trading around a 13 multiple means will be stuck in a 650-950 range for years, and that’s being generous."
- TMHFT again
I'm heading out now to Dean's Dugout... buy some cards for Ty. Our Naperville Cub got bounced from the playoffs last night; I couldn't be prouder of the boy. Ty faced this monster of a mutant 12 year-old pitcher in the 4th inning. This kid was the hardest thrower we've seen all season. Ty got a good foul ball off the kid, and eventually struck out, but he battled. He stuck his nose right in there... 10 years old and keeping that ass right in the box and taking his hack. Man, that's something. Like I said... couldn't be prouder.

cub win... yow, bill

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