I ran across this interesting bit in Wired (poor Wired, it's like the size of a pamphlet now, whoa, yeah that's a poor advertising market), a short interview with Peter Thiel called The Utopian Pessimist. [more]
... on the suckers. I still feel pretty well convinced that post-bubble, people (very much including "investors") are still clinging to delusional thinking, maybe even worse than ever. Time to wake up, I think.
On New Years Eve, I couldn't resist taking a shot at just what a weird year 2009 was for investors. I was hoping for a few more comments about some weird news I might have missed from 2009, but I guess you can't have it all. (However, it's nice to see some things never change.) Happy New Year Fools (a little late, I guess the fact that it's 2010 is old news now, although it may still be a little while before some of us remember to write 2010 on our checks). [more]