Strategy, Leadership and Investment
January 29, 2021 If anyone is following the news, you may be very aware of one of the most interesting phenomena in investing in a long, long time. The GameStop short squeeze. This is really big news for a lot of reasons but for many it is a completely foreign event, like the discovery of… Continue reading Roving Bands of Pretend Capitalists
January 25, 2021 Thank you for voting in a president. While it may be difficult to agree with some of the things on the Democratic agenda, it is far more difficult to find room for a tyrannical, self-centred and dangerous president like Donald Trump. Thank you, from the rest of the civilized and democratic world.… Continue reading Thank You America
November 28, 2020 There has been no update here for over a month, and the world of finance seems to have smoothed out. The world has exhaled, in what seems to be a sigh of relief after the US election and the markets are presenting us with a 'risk on' scenario. At the risk of… Continue reading A Shiny New Beginning
October 16, 2020 These unusual views shared here seem to be unfortunately ridiculous. While some apology may seem an appropriate response, in fact the importance of the warnings and advice are ever more important. There are two stories from Thursday, yesterday, that caught my attention. The first is one of the most damaging stories I… Continue reading The World Is Not Fine
October 10, 2020 Markets around the world continue to show amazing resiliency. There are stock markets, bond markets, fish markets, labor markets, collectible card markets, real estate markets . . . they are all pretty resilient. In such a scary time, celebration could be in order, but a bit of skepticism wouldn't be a bad… Continue reading The Resiliency of Markets
October 2, 2020 One of the characteristics of an abrupt change is usually volatility. That truism shouldn't be any more evident than it is right now. The world is experiencing massive volatility in politics, in business and in the social frameworks that hold society together, and the underlying causes of that volatility should be expected… Continue reading So Much . . .
September 28, 2020 The warnings are coming fast and furious in the markets these days. Over the weekend two very disparate, but somewhat related stories were printed, again showing the difficulties in the economy. The first is that commercial real estate in the US is probably worth 27% less than it was before the pandemic.… Continue reading Troubled Assets
September 22, 2020 This year has been crazy on many levels, and outside of the massive and somewhat inexplicable gyrations in the stock market, there is another market that is acting truly strange. The real estate market. Marketwatch, a financial website, posted an opinion piece about the US real estate market, and it is a… Continue reading The US Real Estate Bubble
This post really isn't complete, but it continues on a theme that I have been working on for some time. The thesis is that deficit spending is no longer providing a meaningful boost to the economy. Some potential reasons for this include an over supply of goods (how many cars do we need, how many… Continue reading A Quick Look At Wealth . . .
September 15, 2020 While this blog has been quiet for a while, it isn't because there is no news. This is just a short note to highlight a few updates. First, there is no new stimulus for the US, at least not anything significant. The president has offered some modest benefit for unemployed people, and… Continue reading What’s New
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