Beware of wacky stock market antics

Beware of wacky stock market antics
An investment guide from Dr Seuss (Theodor Geisel, above, with arguably his best-known work) is something you don't expect. (Image: Getty)
Simon Robertson
Wacky Wednesday is a children’s book written by Dr Seuss in 1974. Its 48 pages traverse a world of progressively wackier occurrences, where kids can point out that there is a picture frame upside-down, a palm tree growing in the toilet, an earthworm chasing a bird, etc.  As the book progresses, the events get progressively wackier. In some respects, stock markets are similar as the year progresses. They all have their "wacky" moments, and there are wacky stocks that should just be avoided.Beyond the magic of compoundin...

More Opinion

Where Callaghan Innovation is heading with its ‘strategic reset’
Opinion

Peter Griffin: Where Callaghan Innovation is heading with its ‘strategic reset’

Company's future rests on big decisions the government needs to make.

Containing multitudes: diversity inside the KiwiSaver envelope
Opinion

David Chaplin: Containing multitudes: diversity inside the KiwiSaver envelope

Multi-scheme membership might just be a complex solution to a non-existent problem.

David Chaplin 01 May 2024
NZX: Untangling the regulatory noodle soup of listing
Opinion

Paul McBeth: NZX: Untangling the regulatory noodle soup of listing

The stock market operator is pulling out all the stops in trying to attract new listings.

Paul McBeth 30 Apr 2024
Be curious about red meat, not judgemental
Opinion

Sirma Karapeeva: Be curious about red meat, not judgemental

To be fair, times are tough in the red meat sector.

Sirma Karapeeva 29 Apr 2024