The psychotic instability will resolve itself when the illusory officially sanctioned "capitalism" implodes.
Whatever definition of capitalism you use, the current system isn't it so let's call it "capitalism" in quotes to indicate it's called...
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My morning train reads: • Outrageous Fortune: Nats, August, and Gigi Gorgeous Getty Are Not Your Typical Old-Money Scions (Town & Country) • Big Tech is eating the stock market. This is just the...
I am working on my post-holiday retail sales review, and its filled with some interesting surprises. Over the course of my research, I came across the Mastercard SpendingPulse infographic (below)....
The catch: Up to 80% of those rental...
Source: Birinyi Associates, Inc. I wanted to post a reminder about what the “Magazine Cover Indicator” is and is not. This discussion was spurred by a recent Barron’s Dow 30,000 covers on...
My mid-week morning train reads: • 10 Rules To Being A Sellside Economist (TS Lombard) • Monopoly Power and the Malfunctioning American Economy (Institutional Investor) • How a herd of cows...
How can institutions balance the existing businesses that pay the bills today with creating the innovative new technologies that will pay the bills tomorrow? That was the challenge facing Safi...
The transcript from this week’s MiB: Safi Bahcall, Loonshots, is below. You can stream/download the full conversation, including the podcast extras on Apple iTunes, Overcast, Spotify,...
Brexit, Facebook, Endowments and Other Errors Acknowledging mistakes increases the odds of avoiding them in the future. Bloomberg, January 19, 2020 Every year for the past decade I have been...
My Two-for-Tuesday morning train reads: • How’d Active Funds Do in 2019? So-So (Morningstar) see also Nothing To Fear But Nothing To Fear (Yardeni) • The forces behind Boeing’s long descent: A...
Source: How Much The U.S. still controls far more wealth than any other country: Americans control almost 30% of the entire world’s wealth, and China, Germany and Japan are not that far behind...
My Martin Luther King Day Civil Rights reads: • Voices of the Movement: Stories from civil rights leaders who changed America (Washington Post) • The End of the Bonus Culture Is Coming to Wall...
Brexit, Facebook, Endowments and Other Errors Acknowledging mistakes increases the odds of avoiding them in the future. Bloomberg, January 19, 2020 It is very helpful to admit that on a...
My easy like Sunday morning policy reads: • After Stretch IRAs, What Retirement Breaks Could Congress Chop Next? (Wall Street Journal) • Taiwan’s single-payer success story — and its lessons for...