It's Day Before Thanksgiving -- Still Friedman on my Mind

Oh, what the hell, other than the one case I'm working on, I'm going to keep the CNBC off today and dwell only on the Friedman article, the excellent comments thereon, and maybe walk my dog twice.

CNBC becomes irrelevant anyway. Common stocks? Forget it. Except for the wonderful analysis early in the day, it's a bunch of (although good and handsome) people spouting on about something they cannot grasp ("exactly where is the bottom of this stock market?").

Preferred stocks? Maybe (West Side Story anybody?) "fagetaboutit."

Bonds? Maybe "Officer Krumpkie about it."