I sometimes poke fun at short-term forecasts. It’s not that I don’t believe in making forecasts (we all have to do that). It’s just that I find it a little [ … ]
Category: Most Recent Stories
Three Things I Think I Think – It’s Rubio!
Here are some things I think I am thinking about on this beautiful Saturday morning….
Capitalism Vs. Socialism
I really enjoyed this segment on CNBC about capitalism and socialism. In this short clip Warren Buffett, Charlie Munger and Bill Gates discuss the nuance of their view and many [ … ]
Three Things I Think I Think – Berkshire, Jobby Jobs and Chase Tweets
It’s almost Cinco de Drinko weekend so hang in there for a few more hours. Or, if you’re reading this on Sunday, salud! In the meantime, here are three things [ … ]
Whom Would I Nominate for the Federal Reserve?
So, Stephen Moore is no longer being considered for the Fed. As I explained in detail this is a good thing. Moore was nowhere near qualified and had a long [ … ]
How Will The Fee Structure of Financial Advisory Change in the Future?
Financial advisory fees are a huge controversy at present. After all, there is significant evidence that paying higher fees for asset management services is detrimental to your portfolio. And while [ … ]
Having a Printing Press Doesn’t Mean Money is Infinite
Deutsche Bank put out an imprecise piece of research saying that higher debt levels mean higher government interest payments. This isn’t really true because the government can technically set its [ … ]
Was the GFC a Once-in-a-Lifetime Event?
Someone emailed me with a very good question yesterday: “Did we really go through a once-in-a-lifetime Great Recession in 2008, or is the global economy overleveraged to an even greater [ … ]
The Most Important Investment Factor – Behavior
If I were to describe my investing philosophy in one sentence I’d call it “discipline based investing”. In short, the strategy you can remain disciplined to is superior to any [ … ]