Althought this doesn't really impact a pure PP investor, I thought it was an insightful (if lengthy) article written by an insider that clears up certain misconceptions about the stock market:
http://seekingalpha.com/article/1220461 ... ock-market
The 12 Most Important Steps To Understand The Stock Market
Moderator: Global Moderator
The 12 Most Important Steps To Understand The Stock Market
The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.
- H. L. Mencken
- H. L. Mencken