She never talks about her goal of becoming the first woman president in US history. People talk. And she rarely speaks of breaking the highest and hardest glass ceiling holding women down. Her supporters say so. But she did announce her choice of an Election Night venue symbolic of this ambition: the enormous Javits Center in New York constructed …

  Here’s a little diversion to pass the time as you endure Washington’s policy debates. Listen for phrases like “All we have to do” or “We need just a small tweak” or “There’s a really simple fix.” Then watch to see what happens. Whatever that person is proposing will prove to be really, really costly—politically or fiscally or both. On …

The move from active investing to passive has been a hot topic lately. Fund flows show that investors are voting with their feet. The news media has been all over the story. The Wall Street Journal has done a big spread on it; Bloomberg has covered it extensively as well. Bill Miller, the legendary stock picker at Legg Mason Capital …