Money and Finance
- Quote Of The Day...
From Michael Lewitt (video): I feel today the way I felt in 1999-2000. The way I felt in 2007. Where the cycle is getting very extended. Things feel really excessive. And it's really frustrating, because I feel that the markets are not pricing risk...
- Links
Dick Fuld's first public remarks since Lehman's collapse (LINK) Mary Meeker's 2015 Internet trends presentation (LINK) A couple of articles by Larry Cunningham, author of Berkshire Beyond Buffett: The Enduring Value of...
- John Mauldin's Outside The Box: The Mirror Cracks
This reminds me of something else I was thinking about this morning. I was trying to think about a good analogy to the way the markets currently seem so dependent on Fed action/intervention. The thing that came to mind was Taleb’s turkey problem….for...
- Interview With Richard Duncan
Michael Lewitt recently recommended Duncan’s book, The New Depression. This interview was from May of this year. Link ................... Related link: Richard Duncan on Capital Account ...
- 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...
Money and Finance
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 The Credit Strategist, which he has kindly allowed me to pass on to you.
Michael leads off this month with some useful thoughts on "the art of learning to live with intellectual and emotional discomfort," which he says is a key requirement for successful investing. Then he extends these thoughts in order to give us a critique of recent Federal Reserve behavior that is different from any I've seen.
- Quote Of The Day...
From Michael Lewitt (video): I feel today the way I felt in 1999-2000. The way I felt in 2007. Where the cycle is getting very extended. Things feel really excessive. And it's really frustrating, because I feel that the markets are not pricing risk...
- Links
Dick Fuld's first public remarks since Lehman's collapse (LINK) Mary Meeker's 2015 Internet trends presentation (LINK) A couple of articles by Larry Cunningham, author of Berkshire Beyond Buffett: The Enduring Value of...
- John Mauldin's Outside The Box: The Mirror Cracks
This reminds me of something else I was thinking about this morning. I was trying to think about a good analogy to the way the markets currently seem so dependent on Fed action/intervention. The thing that came to mind was Taleb’s turkey problem….for...
- Interview With Richard Duncan
Michael Lewitt recently recommended Duncan’s book, The New Depression. This interview was from May of this year. Link ................... Related link: Richard Duncan on Capital Account ...
- 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...