Regulate The Regulators: Every scandal produces new levels of regulations and additional cadres of secret police who raise business costs in the name of compliance with "da law". Countless hours of non-productive time are mandated by broad-brush policies and procedural requirements that do little to protect the consumer --- in many cases they simply annoy the people they are supposed to assist.

There is no real need for rocket science in investing --- no correlations, standard deviations, coefficients, Alphas, Betas, or Zetas are required. Similarly, passively managed, index derivatives are just a lazy man's way of reinforcing the myth that active management is ineffective.

Volatility is a function of supply and demand for the common stock of a finite number of dirty, evil, greedy, polluting, congress corrupting, job creating, product and service providing, innovation and wealth developing, foundation supporting, gift giving, tax-collecting corporations to finance their growth and development.