Archives for November 2007
There are quite a few controversial stories about people getting tased lately. Controversial, because they’re incidents that never should have happened. I look at some of them and I can’t figure out whether they’re more attributable to a lack of training. Or just plain laziness.
There’s no reason that 4 or 5 guys can’t easily subdue and arrest one person without using a taser.
The big problem is that tasers are not being used the way they were intended to be used. They’re supposed to be used in situations where the only other alternative would be to draw a gun. The taser is supposed to be a non-lethal alternative.
But they’re being used (increasingly) in situations where authorities would never think of drawing their guns.
Of course, some people need to be tased. We just need some rules. In 1942, Isaac Asimov gave us the Three Laws of Robotics. So here’s three new laws for this century …
Again and again I hear talking heads on the boob tube talking about how sitting on a diversified portfolio over the long haul is a great way to invest your money. And while that’s a safe bet, unless you get lucky, the chances are pretty good that you’ll never make a ton of money doing that.
If you want to make good money you have to catch the waves. You have to keep your money moving in and out of the opportunites as they come along.
It’s not fire-and-forget. You have to get in the game. You have to get involved in your own investing.
There are two kinds of stock plays I really like:
- Buying small to mid caps on bad news
- Can’t-lose IPOs
Both of those plays will give you better than average returns. And you can make anywhere from 200% on your money in a couple weeks to 500%+ in a year or two. A lot better than the run-of-the-mill 10% annual return you’ll make in a diversified mutual fund.