It is not that I dislike being right, but there are times that it pains me to go back and look at pessimistic predictions I made that ended up coming true. And so far, the things I said about the behemoth FinReg bill have been...
Perhaps you heard the news today that California's budget deficit is worse than people thought - as in, um, $25 billion. $25.4 billion to be precise, but I assure you that extra $ 0.4 billion is not causing anyone any anxiety. I mean, what is...
"Good news - the President has announced a reduction of the government work force by one million people (20%). Bad news - the cuts were ordered by President Raul Castro in Cuba." So began the 20th anniversary dinner of The Acton Institute tonight in Grand Rapids,...
I advertised the fact that I was going to see Wall Street 2 on opening day too much, and now after 73 requests that I review it, I feel a bit of a moral obligation to do so. I did say that I was not...
When I was 13 years old I watched a movie with my dad called Wall Street starring Martin Sheen, Charlie Sheen, and Michael Douglas. I didn't understand a lot of it, but I did know that it made me want to work in finance -...
Many of you know that I am a wealth advisor to high net worth individuals and families by profession. I use this website and my various Facebook and Twitter communications for all sorts of things, but I do not use these mediums to discuss investment...
I write from time to time about about a variety of issues that are important to me. It may appear to the casual reader that these writings cover subjects that are all over the map, as at first glance I can see why the connectedness...
Only a few of the books I have read and reviewed for this series have been written by people that I suspect are not particularly intelligent. Many have been authored by men who possess very different economic worldviews than mine, and nearly all have drawn...
Roger Lowenstein's When Genius Failed: The Rise and Fall of Long-Term Capital Management is one of the best books I have ever read about the history of modern finance. So, when I saw that Lowenstein had joined the list of authors chiming on the financial...
I just heard some well-meaning but intellectually-challenged sports agent named David Falk on CNBC address the free agency of LeBron James and the huge media buzz that his decision is creating (meaning, the decision as to whether or not he will re-sign with the Cleveland...
