Money and Finance
There are times, my friends Michael Lewitt and Dr. Lacy Hunt agreed today at lunch, when the study of economics is best informed by a sound knowledge of history. Indeed, Michael's son wants to follow his father into the finance world, and Michael is starting him off in history. I have spent hours listening to Lacy stroll through economic history, detailing the path of economic thought from Fisher to Kindleberger to Minsky. The last few days have been one of those times when I realized how much I don't know and how much more there is to learn. Not only Lacy and Michael are here in Florida, but a long list of bright minds to learn from. James Rickards, who has recently written the tour de force book Currency Wars, Harry Dent, Doug Casey, Porter Stansberry, Greg Weldon, and John Williams of Shadow Stats, with whom I look forward to meeting (do I have questions for him!). And so many more.
- Links
Profit Margins Don’t Matter: Ignore Them, and Focus on ROEs Instead (LINK) Michael Lewis reviews Tim Geithner’s book Stress Test (LINK)Related book: Stress Test: Reflections on Financial CrisesLessons From Cable Cowboy John Malone (LINK)Related book:...
- John Mauldin's Outside The Box: Taper Capers - By Michael Lewitt
Michael Lewitt has long been one of my favorite thinkers and writers on matters economic. He's incisive, thorough, and, well, pithy. No holds barred. Today's Outside the Box features an extended excerpt from the October issue of Michael's...
- John Mauldin's Outside The Box: It’s All Greek To Me - By Michael Lewitt
Long-time readers will be familiar with Michael Lewitt, one of my favorite thinkers and analysts. He has gone off on his own to write his letter, and I am encouraging him to write even more. I call Michael a thinker because he really does. He reads a...
- John Mauldin: The Unsustainable Meets The Irresistible
This week’s letter is a result of two lengthy conversations I had today, which have me in a reflective mode. Plus, I finished the last, final edits of my book, all of which is causing me to mull over the unsustainability of the US fiscal situation....
- Weekly Roundup - September 6, 2014
This past week was trying to say the least. Nothing much to report on the financial/investing front but lots of things changed with Lucas, our son set to join us in late December. We haven't updated the BabyLukeBlog.wordpress.com site yet for...
Money and Finance
John Mauldin: A Gold Standard?
There are times, my friends Michael Lewitt and Dr. Lacy Hunt agreed today at lunch, when the study of economics is best informed by a sound knowledge of history. Indeed, Michael's son wants to follow his father into the finance world, and Michael is starting him off in history. I have spent hours listening to Lacy stroll through economic history, detailing the path of economic thought from Fisher to Kindleberger to Minsky. The last few days have been one of those times when I realized how much I don't know and how much more there is to learn. Not only Lacy and Michael are here in Florida, but a long list of bright minds to learn from. James Rickards, who has recently written the tour de force book Currency Wars, Harry Dent, Doug Casey, Porter Stansberry, Greg Weldon, and John Williams of Shadow Stats, with whom I look forward to meeting (do I have questions for him!). And so many more.
And it is because I simply have to stop, listen and learn (and visit with friends) that this week I will kind of take the weekend off and instead send you one of the more remarkable essays I have read in a long time. It is a speech by Jim Grant to the New York Federal Reserve. The always erudite Grant takes us back in time to the very beginnings of the Federal Reserve, to show us how far we have strayed from the original intent. I really think you should read this. I have perused it several times and intend to read it yet again – and then some more.
- Links
Profit Margins Don’t Matter: Ignore Them, and Focus on ROEs Instead (LINK) Michael Lewis reviews Tim Geithner’s book Stress Test (LINK)Related book: Stress Test: Reflections on Financial CrisesLessons From Cable Cowboy John Malone (LINK)Related book:...
- John Mauldin's Outside The Box: Taper Capers - By Michael Lewitt
Michael Lewitt has long been one of my favorite thinkers and writers on matters economic. He's incisive, thorough, and, well, pithy. No holds barred. Today's Outside the Box features an extended excerpt from the October issue of Michael's...
- John Mauldin's Outside The Box: It’s All Greek To Me - By Michael Lewitt
Long-time readers will be familiar with Michael Lewitt, one of my favorite thinkers and analysts. He has gone off on his own to write his letter, and I am encouraging him to write even more. I call Michael a thinker because he really does. He reads a...
- John Mauldin: The Unsustainable Meets The Irresistible
This week’s letter is a result of two lengthy conversations I had today, which have me in a reflective mode. Plus, I finished the last, final edits of my book, all of which is causing me to mull over the unsustainability of the US fiscal situation....
- Weekly Roundup - September 6, 2014
This past week was trying to say the least. Nothing much to report on the financial/investing front but lots of things changed with Lucas, our son set to join us in late December. We haven't updated the BabyLukeBlog.wordpress.com site yet for...