Given that the economy is now totally and completely dependent on inflating asset bubbles, it makes no sense to invest for the long-term.
Beneath the endlessly hyped expansion in gross domestic product (GDP) of the past two decades, the economy...
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Before he became a financial theorist, William J. Bernstein was a neurologist. He spent the first 25 years of his career working with people with neurological issues and the next 25 years working...
Notorious Miami Con Man George French Jones Gets 9 Years Of Clutching His Soap In Federal Prison Showers
Warren Has a Good Beginning for Ending Corporate-Tax Avoidance Something’s not right when the most profitable companies can avoid paying their share. Bloomberg, April 15, 2019 Each year,...
My Two-for-Tuesday morning train reads: • Podcast wars: $100 million startup Luminary launches tomorrow without Reply All or The Daily (The Verge) see also Like most media, podcasting is pivoting...
This continues to act as a drag on global economy: A wave of disruptions is rocking the world trading system. Britain’s divorce from the European Union has turned messy, while the U.S. trade war...
The transcript from this week’s MIB: William J. Bernstein, Efficient Frontier is below. You can stream/download the full conversation, including the podcast extras...
This has changed a bit since the last time we ran this almost a year ago (hat tip Brian Rosen): Source: TitleMax
The post appeared first on .
Selfie Deaths Are Like Market Crashes Investors should worry much more about excessive fees, which are the financial equivalent of high cholesterol – something that might kill you. Bloomberg,...
My Earth Day morning train reads: • What Happens to the Economy as Our Cognitive Capabilities Expand? (Worth) • This is why everyone thinks they are middle class (even if they aren’t). It might...
The forced flight from unaffordable and dysfunctional urban regions is as yet a trickle, but watch what happens when a recession causes widespread layoffs in high-wage sectors.
For hundreds of years, rural poverty has driven people to urban...
Same-Sex Couples Face A Lending Discrimination Rate 75% More Often Than Straight Couples
My easy like Sunday morning reads: • The issues 2020 Democrats are running on, according to their social media (Washington Post) see also Who’s Taking the Early Lead Among 2020 Democrats (Wall...
BTS On SNLFirst everybody was gonna have a website, then they were gonna have a blog, then a page on Facebook and now pictures on Instagram. What do all these endeavors have in common? They’re...
Detroit Drug Dealer Leaves The Lights On At Motel 6 In Suburban Madison Heights For The Sex Trafficking Of Drug Addicts
This week, we speak with William J. Bernstein, who began his career as a neurologist before becoming a financial theorist and investment advisor. His firm, Efficient Frontier Advisors, manages...
The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat in the sun, and get ready for our longer form weekend reads: • The Invention of the ‘Salvator Mundi’ Or, How to Turn a...
There is a name for this institutionalized, commoditized fraud: moral decay.
Moral decay is an interesting phenomenon: we spot it easily in our partisan-politics opponents and BAU (business as usual) government/private-sector dealings (are those...
The prolonged weakness in homebuilding is likely the result of land and labor shortages, as well as expensive building materials. A survey on Tuesday showed that though builders reported strong demand for new homes, they continued to highlight...
Every technological revolution changes the music. The invention of the 33 1/3 vinyl album allowed the creation of “Rubber Soul” and then “Sgt. Pepper.” Suddenly the album was a statement instead...
Our Mueller-free, 3-day holiday weekend reads: • 15 Months of Fresh Hell Inside Facebook (Wired) see also Thousands of leaked Facebook documents show Mark Zuckerberg as ‘master of leverage’ in...
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