If penny-a-share commissions made us better off, volatility would be low, capital would not be going into stupid startups or bad mortgages and we would all have day-traded our way to early retirement.
My face stretched into a stupid smile, and she twinkled back.
Names, no matter how cloying, no matter how contrived, no matter how stupid, come into being because somebody wants to bring them into being.
WSJ: Go Ahead and Name Her Rhiannon: Joe Queenan on Baby Names | Moving Targets
Both will wonder whether political correctness has run amok, or whether winning football games gives you a license to say whatever stupid thing pops into your head.
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And in the midst of all that, the U.S.-market products have slumped, drifting into mediocrity, which is the stupid stepbrother of reasonableness.
These last two aims are especially important since the cost to governments of bailing out stupid (at least) financial institutions has run into hundreds of billions of dollars over the past four years.
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So, I'm tempted to say, it's not the numbers, stupid, it's the reasoning that's gone into them.
We don't have to get into a long-winded debate on whether the Internet is making us more stupid or smarter to understand the basics of brain chemistry.
Likewise it is stupid to direct federal royalities away from the U.S. Treasury into a dedicated slush fund for alternative energy research.
Admit it, you know some fool is going to slip that portable slice of wi-fi into his pocket, get behind the wheel, and do something incredibly, incredibly stupid.
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He learned a valuable lesson about not just plunging into the market and buying four flashy, obvious stocks because you happen to play stupid videogames on a PC and have a vague, adolescent familiarity with the technology sector.
WSJ: Joe Queenan on the Son Who Bought Apple Stock | Moving Targets
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