the hypocrisy of american capitalism

  Whew! Its tough to type, “the hypocrisy of American capitalism” just knowing that so many folks have “dyed in the wool” faith in their own personal capitalism. So lest I leave a potentially controversial statement out there for too long, let me get straight to the point… In my opinion, capitalism is supposed to be about, as Joseph Schumpeter and others before...
read more

crudeness

  …and by crudeness, I mean oil prices. I wanted to copy the text of an e-mail that I sent out to friends and family back on July 21, 2008: “Hello Friends and Family, Normally I do not send out bulk e-mails…however I have believed for a couple of years now that market speculators have done much to drive up the price of our natural resources in the last three years. I have...
read more

hubris sucks, pt. 2

  So I realized early this morning (5:30 here in the forgotten time zone) that I neglected to fully empower each of you with actionable information yesterday. I rambled on about hubris without giving you the full tools necessary to ferret it out at a prospective or current business. Yes, it’s true that I defined the difference between “swagger” and “hubris,”...
read more

media bias is a real thing

  Hello all! For today’s post I wanted to have a conversation with you about something that is discussed mostly by the right wing folks in our country, namely that there is a media bias. My personal credibility in discussing this issue comes primarily from the fact that for nearly a decade as a professional investor my primary job was to read, process and act on news. At the end of my...
read more

when logic & proportion have fallen sloppy

  Big numbers are difficult to grasp…and here is an exercise to demonstrate this fact. For those of you who know me then you have probably been through this before – sorry, in advance. ***** Question 1: If you had exactly a million dollars and spent a dollar a second, how long would it take for you to spend the whole million? Answer: Approximately 11 days. ***** Question 2: If...
read more

stock market runup is unwarranted

The news today that the Dow Jones Industrial Averages was up 936 points, or 11.1%, has spread like wildfire. NASDAQ was up 11.8%. The S&P 500 was up 11.6%. Wow! That felt good, didn’t it? Problem is…not much has changed. In my last post I said that certain conditions had to be met that would ensure that a bottom had been reached in financial markets and that it was safe to invest...
read more

the solid foundation underneath

I know that many of us are having a difficult time mustering faith in our economy. With your permission I would like to talk about the solid foundation lying underneath the economy. In order to do that though I need to make sure that each of us understands what the economy really represents. For most of us, the economy is a very abstract thing and if asked to define it I feel that most of us...
read more


HomeAboutBlogConsultingSpeakingPublicationsMediaConnect

RSS
Follow by Email
Facebook
LinkedIn