Market Factors: A pessimist’s guide to investing

This edition of Market Factors starts by explaining why good intentions and strong investment returns are rarely seen together. Later, I defend capitalism a bit and the diversion covers a distressing prediction about the death of social media.

Open this photo in gallery:

The character Debbie Downer, played by Rachel Dratch, in Saturday Night Live

Reality check

Accentuate the negative

Venture capitalist Sophie Bakalar from New York-based Collaborative Fund discussed where the firm is “most excited to invest right now’ on the company’s website earlier this year. One of the ideas is to harness the power of social media software to enable healthy human connection. I really hope it works, but I’m skeptical. Where investing is concerned, I…

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