Tuesday, October 03, 2023

Full Disclosure

 Full Disclosure: The author knows diddly about the stock market. He went through college on a journalism program, for God's sake. He last understood the mathematics curriculum in the fourth grade. Like most journalists, he only vaguely and dimly grasps the economics of his own business. He did not know the difference between a bull and a bear market until he was in his midthirties. His father-in-law has several times explained to him the concept of a "put," yet it remains to him a mystery. His wife handles all aspects of the family's financial life. He does not even have his own checkbook. He has an ATM card, which he frequently loses.

- From "Truth Be Told" - an essay by Michael Kelly in the August 7, 2002 edition of the Washington Post.

[Execupundit note: The late Michael Kelly, gone far too soon, would be an insightful observer of our times.]

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