The Deuces Wild Endurance Festival is held in the cool White Mountains of northeastern Arizona. Held over two days in June, there are 15 separate races to choose from including triathlons, aquabike, runs and relays! Deuces Wild is also home to the Triathlon Club & Team World Championships with people from around the world coming to compete for the coveted titles!

In 1885, Thomas Jefferson Adair moved into the area with the intention of farming. The locals joked that only a fool would try and farm the place. The name stuck! The tiny town of Adair has long since been covered by the lake, but it was Adair who was responsible for the name Fool Hollow.


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The park along the lake, located in the Apache-Sitgreaves National Forest, opened in 1994 as a result of cooperation between the U.S. Forest Service, Arizona State Parks, Arizona Game and Fish and the city of Show Low in partnership with Arizona Public Service and McCarty Construction Company. Today, visitors can camp among the tall pines and hike along the lake at a cool 6,300 feet in elevation. Year-round camping, fishing, picnicking, boating and wildlife viewing opportunities make Fool Hollow Lake Recreation Area a popular place.

At the mention of this British dessert, my mind races through the various references to fools, from the fool that accompanied King Lear on his journey across the howling heath, to the modern question "What kind of fool are you?" But the name of this delicate dessert actually comes from the French word fouler, meaning to press or crush, referring to the crushed fruits that are gently folded into thick cream. It is this simplicity that makes the dish shine. And as the British fool, I get to choose the berries and sing "here we go round the mulberry bush" as I dish up!

2 Place the fruit in a large saucepan and sprinkle with the sugar. Add enough water to just cover and bring the mixture to a boil, letting, allowing the sugar to dissolve. Let the mixture simmer for 10-15 minutes, until the fruit has completely softened.

3 Add the syrup, if using (elderflower works very well with gooseberries, and ginger is great with rhubarb). Check the compote for sweetness and add more sugar if you desire. Allow the compote to cool, then chill in the refrigerator for 30 minutes.

4 Whisk the cream and confectioners' sugar together until soft peaks form (it should not be too thick), then fold in the compote. Divide the fool among 6 decorative glasses and serve.

As brokers made their bets, some making a fortune, some making fools of themselves, others making their criminal defense cases, Cline and millions of other health care workers just prayed there would be enough supplies tomorrow.

This sculpture was once part of a provocative parade of characters that decorated the faade of an unusually showy home in downtown Exeter, England, built in the first half of the sixteenth century by a wealthy merchant named Henry Hamlyn.

The fool was the quintessential medieval entertainer, whether on the street or at court. His slippery character allowed him to move between worlds, defying the strict social order of sixteenth-century English society.

His hold on the imagination derived in part from his paradoxical nature. Both an insider and outsider, he occupied a peculiar place at court as the one person able to ridicule the very person he served.

The strange animal on which he stands is part of the repertory of sculpted creatures that lurked in the corners and crevices of medieval buildings, as gutters, corbels, or column capitals. They show up in the margins of medieval manuscripts, as well.

In sixteenth-century art and literature, the jester and peasant, medieval versions of the clown and tramp, were often cast as comedic counterparts. Details of clothing, headgear, footwear, and even facial features made for an entertaining game of contrasts.

Though the building the two sculptures adorned was originally built for Hamlyn, by the nineteenth century, when this print appeared in a local magazine, it had long served as an establishment for eating and drinking, known as the King John Tavern.

Specically with regard to the stock market, the Greater Fool Theory becomes relevant when the price of a stock goes up so much that it is being driven by the expectation that buyers for the stock can always be found, not by the intrinsic value (cash ows) of the company. Under this assumption, any price (no matter how high) can be justied since another buyer presumably exists who is willing to pay an even higher price.


So as a financial professional, should you ever try to implement a greater fool strategy? How do you recognize a client that wants to play the greater fool game? What should you do if your client wants to buy an overpriced stock?


There is abundant evidence that, with respect to investors, greater fools actually exist. However, this is a very risky strategy that is not recommended for long-term investors. Successfully implementing a greater fool strategy is labor intensive and time intensive. One must pay an excessive amount of attention to markets, because price trends can reverse in minutes. Most clients (and financial professionals) do not have the time and resources to do that. The greater fool strategy usually is not a feasible or sustainable one for investors who do not have the speculation and market trend expertise of full-time day traders.


Moreover, while speculation based on a belief in The Greater Fool Theory has the potential to make money, there is signicant risk that your client(s) could turn out to be the greater fool. When the bubble bursts and the music stops, you do not want your client left standing without a chair.


Greater fools generally are impatient investors who are attracted to stocks that are popular or "hot". They are not interested in the steady, consistent returns, or value stocks. When markets begin to twitch, these types of clients will want to move on to the next "hot" stock.


It has been well-documented by academics and nance professionals that stock returns are what we call "mean-reverting" (which is to say that stock prices move around but they eventually move back to their mean/average price). When the price of a "hot" stock rises too far above its average, the price will eventually decline. In these situations, it can be useful to remind your client that no one has a crystal ball to predict exactly when a market bubble will burst or when a particular stock's mean-reversion will happen. Let them know that a greater fool strategy is a form of speculation and that they do not want to be holding the bag when there are no more greater fools left to sell to at a higher price.

The views and opinions expressed herein are those of the author, who is not affiliated with Hartford Funds. The information contained herein should not be construed as investment advice or a recommendation of any product or service nor should it be relied upon to, replace the advice of an investor's own professional legal, tax and financial professionals.

Hartford Funds is not responsible for, and does not validate, any information, opinions, assertions, or statements expressed within these articles, or the identity or credentials of the individuals communicating through the site. Some of the articles may contain links to information created and maintained by other, unaffiliated organizations and individuals. Hartford Funds does not control, cannot guarantee, and is not responsible for the completeness, accuracy, timeliness, or the continued availability or existence of this outside information or the information presented herein. This material is intended for use by financial professionals or in conjunction with the advice of a financial professional.

The material on this site is for informational and educational purposes only. The material should not be considered tax or legal advice and is not to be relied on as a forecast. The material is also not a recommendation or advice regarding any particular security, strategy or product. Hartford Funds does not represent that any products or strategies discussed are appropriate for any particular investor so investors should seek their own professional advice before investing. Hartford Funds does not serve as a fiduciary. Content is current as of the publication date or date indicated, and may be superseded by subsequent market and economic conditions.


Investing involves risk, including the possible loss of principal. Investors should carefully consider a fund's investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund, or ETF summary prospectus and/or prospectus, which can be obtained from a financial professional and should be read carefully before investing.


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There were many hundreds of court fools and jesters from the Middle Ages until well into the eighteenth century, and most of them enjoyed a status not far from that of a stable boy or scullery maid, or, at the other end of the spectrum, a hired entertainer living at best close to the court, but only seeing the king when called for to entertain. One of the most famous fools in all of history, however, appears to have lived as close to the monarch as possible, and he did so for an unusually long time. 152ee80cbc

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