If you were a writer and wanted to hype your income (and had the means), a sure-fire way to do it would be to buy tons of your own books and store them in some warehouse. Then after a short period of time, you could put them back on the market—with a price increase, of […]
~SMS~1. Markets are rational—except when more frequently, they are not. 2. Moral hazard is to leverage your leverage. 3. There are stock puffers & stock prickers—and therein lies the grub. 4. Efficient Market Hypothesis is a congenital myth—somewhat like Santa Claus.[1] 5. Oversupply and under-demand are the norm—except when less frequently, they are not. 6.
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