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People who do the hardest work have the hardest time getting ahead due to the effects of Gresham’s Law. Since money has ever-declining value, a financially wise person must constantly seek things that do have value and can also produce more and more debased money. If you don’t do that, you fall behind financially over time rather than get ahead.
Jon Najarian is a legendary options trader, hall of famer, and TV celebrity. Many know him as a best-selling author and the host of CNBC’s Halftime Report.
Jon earned the nickname “DRJ” - Dr. J - from his time working on the hardknock Chicago trading floor of the 1980’s, where he competed against some of...View More By Jon Najarian
Greetings on this overcast Monday from Cebu. I hope all is well with you and you had a restful weekend. I had a great time myself doing a whole bunch of sleeping. Boy, I definitely needed it. No booze, either; just total recuperation. My college roommate, Tommy, wrote me the other day, remarking how much...
Three letters that spell: t-a-x a-d-v-a-n-t-a-g-e... all while paying you a “toll” from America’s “resource roads”…