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The One Lesson of Winter Storm Jonas: Don't Be a "Donner Party" Investor

As I wrote this for you folks early today, my part of the country (the Chesapeake Bay region) was bracing for Winter Storm Jonas, a blizzard that could bring wind gusts of 60 miles per hour while dumping two feet of snow or more on some of the biggest cities in the Northeast.

We're in for a tough couple of days, I'm sure, with drifting snow, closed roads and probable power-and-heat outages. Even so, thanks to the early-warning systems we have today - which gives us the ability to prepare - the actual human toll from Jonas should be held to a minimum.

But the proliferation of headlines made me think of another winter storm - one that took place 170 years ago.

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