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

Carmageddon: to buy shares, or not to
Opinion

Simon Robertson: Carmageddon: to buy shares, or not to

A basic early investing rule: never own airline or car company shares.

Red tape? More scissors, less string please
Opinion

Deb Te Kawa: Red tape? More scissors, less string please

We need a complete rethink of how we approach regulation in Aotearoa New Zealand.

Deb Te Kawa 13 Dec 2024
Is advertising ready for the giant babushka?
Opinion

Kelly Bennett: Is advertising ready for the giant babushka?

Advertising was built on mergers but has not seen anything like IPG and Omnicom joining.

Kelly Bennett 13 Dec 2024
Microsoft’s shiny new NZ datacentre
Opinion

Peter Griffin: Microsoft’s shiny new NZ datacentre

NZ is a sort of experiment demonstrating the role of high-capacity infrastructure.

Peter Griffin 12 Dec 2024