Mr. November

In October, leaves fall gently, stocks fall hard, and investors lose their mind. Count me out

If they would ever invent a calendar with no month of October in it, I would never have to sell a share of stock again. Until then, though, remind me next year that you can never take off enough stock ahead of these 31 days unless you are a total masochist. What is it about this month that causes people to lose their senses and chop a third or even a half off the value of solid American companies, like Xerox or Raytheon or Unisys, that screwed up for a quarter? Why do people who are perfectly rational shareholders the 11...

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