Authored by Ben Tanosborn, On his way from Jerusalem to Damascus, Saul of Tarsus (Christianity’s Saint Paul), the Jew-Roman persecutor of Jesus’ early disciples, saw a “great light” which blinded him and threw him off his horse. A light which transfigured his life, and made him perhaps the most important personage in the Apostolic Age (First Century); a fundamental figure in Old Christianity.
Echoing Charlie Munger, Oaktree's Howard Marks warns today's institutional and retail investors that "everything that’s important in investing is counterintuitive, and everything that’s obvious is wrong." These words seem critically important at a time when the world and his pet rabbit is a self-proclaimed stock-picking export.
NEW YORK – To mark the second anniversary of the Occupy Wall Street movement last month, an assortment of protests, marches and rallies were held, to support or oppose mostly predictable causes.
At the same time, a far more surprising undertaking began with far less fanfare: creating a prepaid Occupy debit card.