Currently, the market is in a correction; last week it began to inflict some pain on some players. But I have peace of mind because I’ve been here before. I note the headlines about job losses, the health care bill, pollution controls, GMAC’s cash shortage, the H1N1 flu and the corresponding vaccine shortage, our national debt, the continuing credit crunch, the weak dollar (until last week), Barack Obama’s falling approval ratings and the continuing trouble in Afghanistan, Iran, Iraq and–of course–Israel. I even read with interest a Wall Street veteran’s comparison of the current period to 1938 on Wall...