My Personal Infrastructure is Getting Better
Locals Fill Infrastructure Void Left by the Feds States and cities are improving rail lines, airports and electrical grids. Bloomberg,...
How the TLC & Medallion Owners Created Uber
Taxi Cab Owners and Regulators Created Uber The number of cars for hire didn’t rise with demand. What would you expect? Bloomberg, May...
Don’t Put Half of Your Net Worth Into Anything
A Billionaire Makes a Classic Investing Error Concentrating in a single asset class can be an invitation to trouble. Bloomberg, May 3,...
Yield Curve Inversion Ain’t Here Yet
A Flatter Yield Curve Is No Reason to Freak An inversion is a worry. Flattening, not so much. Bloomberg, April 30, 2018 ...
Is the 30 year Bond Bull Market Over?
Bond-Market Bears Are Everywhere A lot of people seem to think the bull run is over. Bloomberg, April 26, 2018 Earlier this...
GE Retirees’ Classic Investment Error
How to Avoid a Retirement Disaster Be aware and be realistic. But most of all, diversify. Bloomberg, April 23, 2018 ...
Serfdom at Amazon Warehouses
Billionaire Bezos and the Warehouse Workers His net worth might be as much as 100 billion times that of many Amazon workers. Bloomberg,...
2018: Return to Normalcy
Why 2018 in Markets Feels So Awful We’re back to normal after 2017, an idyllic outlier in many respects. Bloomberg, April 18, 2018....
Don’t Think like A Millionaire, Act Like A...
Boy, that escalated quickly. Much of what I write in these pages generates pushback – active vs passive, hedge fund performance and...