I recently endured a showing of Kung Fu Panda, as part of my son Calvin’s 10-year birthday party. Surprisingly, however, this made-for-kids movie contained a couple of sophisticated insights, like this one from the old turtle, Master Oogway: “Your mind is like water. When it’s agitated you can barely see clearly. But once you become quiet and are in peace, then everything becomes clear…”

A recent article in the Wall Street Journal reminded me of an old Sunday school lesson from years back. It applies perfectly to the stock market…”the first shall be last.”