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Asset Price Inflation with Capital Losses

Updated: Sep 9, 2020

"Well, I woke up Sunday morning

With no way to hold my head that didn't hurt

And the beer I had for breakfast wasn't bad

So I had one more for dessert…"

Kris Kristofferson

Sunday Morning Coming Down (1972)

Grand Lake Stream | In a moment of serene clarity, Registered Maine Master Guide Les Williams, who has more than 50 years of guiding experience, said:

“Lures are for catching people,” meaning people buy lures of many shapes and colors, but the fish mostly don’t care.

And of course Les is entirely right. Witness the effectiveness of the bubble-gum colored wacky worm for snaring small mouth bass. Les is known to favor live bait, especially for catching White Perch.