Pied-à-Terre: a small apartment, house, or room kept for occasional use; from the French, literally, "foot to earth". In New York City real estate, a pied-à-terre is an apartment to be used on weekends or short periods as a vacation home or a “non-primary residence.” Such a place provides access to the city on weekends … Continue reading You Call This a Pied-à-Terre?
The Wall StreetJournal just revealed the results of a year-long stock-picking contest which pitted a group of dart-throwing monkeys, I mean newspaper reporters, against a group of high-profile hedge fund managers. The idea for the contest has its roots in Burton Malkiel's famous quote in “A Random Walk Down Wall Street” that “a blindfolded monkey … Continue reading Dart-Throwing Monkeys (AKA Newspaper Reporters) Beat Stock Market Wizards
Borden's Blather 