- Do as Experts Say, Not as They Do – WSJ.com. This little piece from the Journal will break your investing heart. You know all that good advice you read from the experts about diversifying, rebalancing your portfolio on a regular schedule, not thinking you can pick stocks, and so on? It seems that the gurus dispensing this advice do not follow it themselves. Even, yikes, John Bogle, who has always struck me as one of the heros with a head on his shoulders: he says he hasn’t rebalanced his own portfolio since 2000.
This was kicking around last month. You might’ve seen it already. I hadn’t. “Daniel Nussbaum has retold the story of Oedipus using 154 of the more than 1 million California personalized license plates registered with the state’s Motor Vehicles Bureau.” A sample:
ONCEPON ATIME LONG AGO IN THEBES IMKING. OEDIPUS DAKING.
LVMYMRS. LVMYKIDS. THEBENS THINK OEDDY ISCOOL. NOPROBS.
OKAY MAYBE THEREZZ 1LITL1. MOTHER WHERERU? WHEREAT MYDAD?