Are Mutual Fund Managers Skilled?
Jonathan Berk turns the efficient market hypothesis, which popularized the belief that mutual fund managers were “monkey...
Red State, Blue State: Kansas & Washington
@TBPInvictus here. We have interesting experiments going on in the state of Kansas and the city of Seattle. Herewith a brief update on...
The NY Post’s Financial Innumeracy
@TBPInvictus here: The New York Post ran a piece on Netflix (NFLX), written by Claire Atkinson, that was, to put it charitably,...
Mount Stupid
I interviewed Richard Thaler for MiB today. He is known as the father of Behavioral Economics. Parts of our conversation made me think...
A Secret Wall Street Brainwashing Machine is Wholly Unnecessary
Every now and again, I disagree with an article written by someone I like and respect. On occasion, an author will crank out a column...
The Delusional Dick Fuld
Richard Fuld, the former chief executive officer of Lehman Brothers, is the Shaggy of finance. On the cause of the financial crisis and...
Dynastic Billionaire Wealth Under Siege!
This has to be the strangest headline relative to the content I have seen in a very long time: Source: Wealth Management
A 14 Percent Infrastructure Fix?
A Tax Deal That Fixes U.S. Roads? Democrats and Republicans might get what they want. Bloomberg, May 27, 2015 My wife...
Top 10: Wall Street Sayings That Should Be Questioned
In honor and reverence to one of my favorite comedic personalities, David Letterman, and the end of his talk show career here is my own...
