Uncle's Paper Turkeys lesson for investors
New York columnist recounts the Uncle's Paper Turkeys tale from Dreyfus to warn against guessing market tops. The fable shows 12 turkeys representing stocks, most fall into the trap with only a few profitable exits, leaving all paper profits unrealized. The moral: avoid chasing peak prices and remain patient through volatile markets.
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Britain To Get 2 Nuclear Subs
Britain has ordered a second nuclear submarine built, with the vessel Dreadnought to be launched next year and enter service later. The report notes the broader warning against greed and urges prudence in financial markets as a parallel to the precautionary stance on defense and strategic planning.
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Charles
oborr-Ewing
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Fidel says plot on life foiled in Havana speech
Fidel Castro said police thwarted a plan by counterrevolutionaries to assassinate him. He reported bazookas found in an apartment near the presidential palace but were discovered before any attack. The claim came during a meeting of the Young Rebels' Association.
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