Here are some things I think I am thinking about on this beautiful Wednesday before the Washington Nationals defeat the Los Angeles Dodgers¹: 1) Should we ban billionaires? Bernie Sanders says [ … ]
Category: Most Recent Stories
The Upside of Commission Free Trading
I hate short-termism and anything that feeds on it (financial news, get rich quick schemes, etc). It is, in my opinion, one of the most destructive aspects of any financial [ … ]
Three Things I Think I Think – Impeachable Ideas
This website is, to a large degree, about impeachment and impeaching bad ideas out of the worlds of finance and economics. So, here are some impeachable ideas I’ve been thinking [ … ]
Three Things I Think I Think – Repo Madness!
Here are some things I think I am thinking about: 1.2.3. The Great Repo “Crisis” of 2019. If you’ve opened the financial section of the newspaper in recent days then [ … ]
What is the Value of Financial Advice?
Vanguard released a new study showing that financial advice provides “meaningful” beneficial changes in behavior, performance and financial outcomes. They had previously published a study citing a 3% “advisor alpha”. [ … ]
Is This The Hardest Investing Environment Ever?
I was on the Stansberry Investor Hour last week with Dan Ferris discussing the markets and the broader macro environment. My segment starts at 29:30. Topics discussed: The general macro [ … ]
Why Do Countries Borrow in Foreign Currency?
We’ve seen a number of foreign debt based crises in the last few years with both Turkey and Argentina suffering from substantial episodes of inflation related to foreign denominated debts. [ … ]
Three Things I Think I Think – Bubbles Edition
Here are some things I think I am thinking about: 1) Is there a bubble in passive investing? Michael Burry of Big Short fame, says there’s a bubble in passive investing. [ … ]
Let’s Stop Talking About “Paying Off the National Debt”
When we talk about personal finance we often talk about paying off our debts to become financially free. But this is a fallacy of composition. While some households can pay [ … ]