Is There No Balm In Downturns?

摘要

I had a drink last week with a friend who is—was?—a pretty successful fund manager. He's a guy with the grit of a triathlete and the indefatigable constitution of a Cleveland Browns fan. But the other day, he was sullen, lugubrious; as he put it, "Lately, I've been feeling like a one-legged man in an ass-kicking contest." Touchy-feely guy that I am, I realized he needed more than alcohol to defunkulate himself, so I allowed as to how these days the stock market seems to be doing its own head-stomping version of the-book, When Bad Things Happen To Good People.