Weekend Reading 8/27/10

After a crazy week with sucky news, try to relax, eat, drink and be merry!

When bad is good.

How to read Bernanke’s Jackson Hole Speech.

Stocks Surge, And Bonds Get Crushed: Here’s What You Need To Know.

Perception Versus Reality.

Ever wonder what a “prop trader” does? Wall Street Whispers: A Proprietary Problem.

Beware That New Credit-Card Offer. Have you noticed a whole bunch of credit card apps in your mail box?

I hope these definitions put a smile on your face:

Momentum Investing - The fine art of buying high and selling low.

Value Investing – The art of buying low and selling lower.

P/E ratio - The percentage of investors wetting their pants as the market keeps crashing.