The Donald or Hillary: Who is Better for Investors?
This weekend’s cover story in Barron’s was devoted to the impact of this year’s presidential election on investors. New...
The Great Minimum Wage Experiment
We’ll Find Out Soon If Higher Minimum Wages Kill Jobs But don’t jump to conclusions before the data are in. Bloomberg, March...
Ted Williams, Baseball’s First Quant
What Buffett Saw in Baseball’s Greatest Hitter Ted Williams understood the probabilities of a strike or a hit. Bloomberg, February...
Why Are There So Few Women in Finance?
Where Are the Women in Finance? The numbers are improving, but have a long way to go. Bloomberg, February 24, 2016 Today I...
John D. Rockefeller Was Richer – Way Richer – Than...
Rockefeller Really Was Way Richer Than You Are Please stop comparing the average person of today to yesteryear’s rich. Bloomberg,...
One Asset Price, 20 Years from Now
George Mason University economist Tyler Cowen has an intriguingblog post asking a deceptively simple question: You are an investor with...
More Evidence of the Folly of Forecasting
Oil’s Rebound and Other Wrong-Way Forecasts People keep making predictions, though they’re almost always incorrect....
A Dubious Lawyer’s Dubious Tax Claims Against Vanguard
The Dubious Tax Case Against Vanguard Rules to prevent offshore tax evasion don’t apply to the fund giant. Bloomberg, February 8,...
Treasury Department Tries Its Own QE/Operation Twist
It is usually several months later in the year that I begin my annual lament over the state of the U.S. federal budget. Not so much the...
2016: The Infrastructure Election
The Infrastructure Election U.S. roads, bridges, ports and tunnels are a disgrace. Bloomberg, February 1, 2016. ...