Here are some things I think I am thinking about: As a housekeeping note – check out my new YouTube channel. It’s short hits on money and finance so people [ … ]
Category: Most Recent Stories
Is It Time to Panic?
Here are two short videos discussing the current market environment and how we can think about navigating it. In short, I am feeling very cautious about the next 18-24 months [ … ]
Three Things I Think I Think – 3MM, Student Loans & Passive Investing
Here are some things I Think I am thinking about: 1) Here’s a new episode of Three Minute Macro. This one is “Where Does Money Come From?” I’m still getting [ … ]
Three Things I Think I Think – 3 Minute Macro, Inflation & Elon Buys Twitter
Here are some things I think I am thinking about: 1) Three Minute Macro – What is Money? Here’s the first installment of Three Minute Macro, my new YouTube series. [ … ]
A Cautionary Note About Home Prices
This note is intended to provide some perspective on what appears to be turning into an increasingly speculative fervor in residential real estate. I hope it provides some practical views [ … ]
Some Pleasant Arithmetic Behind Falling Prices
A few years ago I wrote a post about how I was having trouble constructing portfolios that could meet a conservative 4% rate of return. With bond yields near 0% [ … ]
Loans Create Deposits & Deposits Fund Loans (Again)
One of the most valuable lessons from the Financial Crisis was that banks don’t lend their reserves to non-banks in the way that the textbook money multiplier implied. This had [ … ]
The Fed is Increasingly at Risk of a Policy Error
In May of 2020 I was on Anthony Pompliano’s podcast describing the likelihood of high inflation in the coming years and the Fed chasing their tail as this became evident [ … ]
Three Things I Think I Think – Where Did This Idea Come From?
Here are some things I think I am thinking about. 1) 60/40 Stocks/Bonds – Where did this idea come from? Here’s Corey Hoffstein on Twitter asking where did the 60/40 [ … ]