House representatives are up +6% annually over the market in a study of 16,000 trades over 16 years. Senators were even better.
+6%/yr is ludicrous performance. How can it be that people who can't balance the budget can pick winning stocks?
Hmmmm........is it that they're trading on insider info, steering federal spending towards their favorite stocks, or getting 'hot tips' whispered in their ear?
Wednesday, May 25, 2011
Thursday, May 19, 2011
Another picture show n' tell
Here's one of my favorite shots from my frequent trips into the Blue Ridge mountains. This particular shot is a view southeast from Calvary Rocks in the Shenandoah National Park. (Click to enlarge)
Even today, I can't tell definitively how many ridges are in this picture. Infinity might not be inaccurate.
The view is accessed from the Riprap Trail - one of my favorites having done it at least 3 times (including at least 1 full 10 mile circuit where I saw 6 different black bears, getting to within ~50 feet of a family of bears, as you can see in this pic:
Even today, I can't tell definitively how many ridges are in this picture. Infinity might not be inaccurate.
The view is accessed from the Riprap Trail - one of my favorites having done it at least 3 times (including at least 1 full 10 mile circuit where I saw 6 different black bears, getting to within ~50 feet of a family of bears, as you can see in this pic:
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With my new friends on the Great Wall of China
Click to go to my online photography