Whipsaw

I am not sure why, but when I think of the word "whipsaw*" I think of a crazy amusement park ride that spins you around every which way - sort of like the one pictured below.  When the ride is over, you either throw up or come very close to throwing up.  That definition is …

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Easy Money

"The easy money has been made" is a very dangerous sentence.  It implies that whatever gains you have now, were easy to achieve - whereas any future gains are going to be much harder to come by.  I love this chart from Morgan Housel* that shows various financial news outlets and the date when they …

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