Serious investment thinking that doesn’t take itself too seriously.
It really doesn't get much better than this, folks. Last July, I wrote a post called “If this is a bad economy, please tell me what a good economy would look like”. At that time, there was still quite a lot of debate about whether the U.S. economy was doing well. As of October 2024, “the...
Who owns words? If words are mine, can they be yours, too? In a sense, language has to be “ours,” a shared resource that all can use. What about ideas? Ideas are, after all,...
Whether the political dimensions of ESG are features or bugs depends on your perspective. From the perspective of ordinary citizens, though, ESG is shot through with political...
The year 2023 will be remembered as turbulent for cryptocurrencies, with numerous important developments that ultimately helped to “clean up” the space to potentially make it...
With the 2024 election looming on the horizon, the Democratic Party faces a contradiction. By some important measures, the US economy is booming—third-quarter GDP growth figures...
The Federal Open Market Committee (FOMC) voted to hold their federal funds rate target in the 5.25 to 5.5 percent range on Tuesday. The move was widely expected, with financial...
Networks are defined as "formal exchanges, either in the form of asset pooling or resource provision, between two or more parties that entail on-going interaction in order to...
If you own a flat with a short lease, whatever it is worth now it will jump up in value if you ever extend the lease. On paper at least, you should make a profit. If your lease...
The Leasehold and Freehold Bill is the most significant reform of the leasehold system for a generation, and many - including me - hope that this assault on all its outrageous...
Like a pillion passenger leaning in the opposite direction to the rider, UK banks’ behaviour has become perverse and dangerous. Banks are engaged in an elaborate risk management...