• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
FinanceJanet Yellen

Down the rabbit hole

By
Stanley Bing
Stanley Bing
Down Arrow Button Icon
By
Stanley Bing
Stanley Bing
Down Arrow Button Icon
October 30, 2014, 7:56 AM ET
contract
Armin Harris
contract Armin HarrisIllustration by Jason Schneider for Fortune
Add Fortune on Google for similar content.

I was sitting in the park the other day just lazing about on a nice autumn morning when Janet Yellen ran by, dressed in a top hat and tails. “Oh, my knees and whiskers, I’m late!” she said. Then she consulted a tablet, one of those big ones, and said, “Oh, my!” and disappeared into the underbrush.

Naturally, I followed. Around the bend I encountered a large gaping hole in the ground with a little sign next to it that said THE MARKET: PROCEED AT YOUR OWN RISK. I figured, what the heck, I’m as greedy as the next guy, and I fell in. Before I could catch a grip, I was falling and falling and falling. I passed little shelves in the wall, stocked with analyst reports that had clearly overestimated companies’ target prices. Down, down, down I went … 50 points … 200 points … even before lunch had begun, more than 400 points down! Yikes! Was there no bottom to this rabbit hole? I remember when mere double digits were as deep as things got!

Boom! I hit the ground with a thud. I rose to my feet and found I was still in one piece, although several gains that had been in my pocket suddenly seemed to be missing.

I was in a tiny room, very dark. It smelled of money. To my right was a card table with a Bloomberg machine on it. The gizmo was smoking and appeared to be on the edge of a meltdown. Next to it was a tiny cup of sugared soda. drink me, said a table tent alongside it. I did so, and … whoosh! I had shrunk to the size of my current aspirations for my portfolio, small enough to go through a tiny door that said SECURITIES.

I found myself in a garden. Across a verdant pathway, Warren Buffett was sitting on a leaf of a gigantic tropical plant, eating a bowl of Kellogg’s Corn Flakes he had just acquired. “Who … ” he asked, “ … are YOU?” “I’m just a small investor without the ability to move markets,” I replied. “Buy what you know,” the elderly genius said, quietly cutting himself a slab of Velveeta from a big block of the stuff. “But I don’t know anything!” I replied. “Precisely,” he said. “The good news is that Berkshire Hathaway is doing everything it can to attract folks just like you.”

As I considered this rather expensive option, I almost tripped over Tim Geithner and Hank Paulson, who were searching for something in the thick weeds together. “Where’s that explanation for our failure to bail out ­Lehman?” asked the first. “I know we left it in here somewhere,” said the second. At that moment Yellen streaked across my path again, cradling a bouquet of interest rates. “They’re so tiny,” she explained. “I must take care of them!” I followed, ignoring a walrus and a carpenter who were selling oysters debt instruments their own firm had bailed out of.

Stumbling forward, looking for an exit to this madhouse, I found myself surrounded by two groups of media writers. The first were painting the situation green. “It’s too red!” said one. “No red allowed.” The second clutch had gathered with their paint cans around a monitor blaring CNBC. “Spain!” cried one. “Russia!” bleated another. Then they ran off in different directions.

Suddenly … there! At the end of the path! A door marked EXIT TO TAX-FREE BONDS. The only thing standing between me and it was … Jim Cramer! “Ding, ding, ding!” said Jim Cramer. “Market’s up 256 points today! You snooze? You lose!” Then he honked a few times on a big rubber horn and hit me over the head with a stick of some kind.

I woke to find myself under that same tree in the park. I was glad it was all a dream. Except for the part about the market being way, way up today. It really is. I checked. On the way back to the office, I consulted my tablet, one of the small ones, and adjusted my portfolio a bit, just to be sure. The market is rational, but you can’t be too careful to make the most of every opportunity in times like this.

Follow Stanley Bing at stanleybing.com and on Twitter at @thebingblog.

This story appears in the November 17, 2014 issue of Fortune.

About the Author
By Stanley Bing
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Trump cancels signing a housing bill and blindsides his own party in a social media post
PoliticsDonald Trump
Trump cancels signing a housing bill and blindsides his own party in a social media post
By The Associated Press, Mary Clare Jalonick, Kevin Freking, Josh Boak and Lisa MascaroJune 24, 2026
2 hours ago
t
PoliticsDonald Trump
Trumps holds landmark affordable housing bill hostage over his pet issue: the ‘national emergency’ of voter ID
By Mary Clare Jalonick and The Associated PressJune 24, 2026
2 hours ago
s
BankingScott Bessent
Scott Bessent calls Mamdani ‘leader of the Democratic Party,’ touts weekly Warsh breakfasts and a new push to put every American in the stock market
By Nick LichtenbergJune 24, 2026
2 hours ago
a
RetailAmazon
Amazon’s record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
2 hours ago
rd
AsiaChina
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
4 hours ago
Top CD rates from major banks June 24, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceCertificates of Deposit (CDs)
Top CD rates from major banks on June 24, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 24, 2026
4 hours ago

Most Popular

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
1 day ago
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
10 hours ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
1 day ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
1 day ago
Current price of gold as of June 23, 2026
Personal Finance
Current price of gold as of June 23, 2026
By Danny BakstJune 23, 2026
1 day ago
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
Real Estate
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
By Sydney LakeJune 22, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.