What the media should be criticized for is the cheerleader aspect to its coverage. Champagne corks would pop with every new 1,000 points on the Dow, as if that was the natural state of things and that imagining that it could go down or even rooting for it to go down was un-American. It’s gotten [...]

One way of dealing with information being more available is to stop playing the game and seek out securities or asset classes where there’s less information or competition.