After my brief dalliance with the prophets of financial Armageddon, I have returned to the world of yeah, but. As in, yeah the residential real estate market is in a world of pain, but commercial real estate isn’t in any kind of trouble at all. The reason is that commercial real estate had its meltdown [...]
On Friday the Commerce Department announced a crackdown on shiny Chinese paper. I can’t even begin to tell you whether the particular decision was warranted, and I don’t know if it’s mere saber-rattling about a triviality or the beginning of a new era in U.S. trade policy. But I do know that if Americans really [...]
The Curious Capitalist family lunched together today, at Frankie’s Spuntino on the Lower East Side. The bill for the three of us was $57.44, which I thought was reasonable enough (the fact that we weren’t drinking certainly kept the price down). But Curious Capitalist Jr., who is seven, was appalled. We don’t eat out all [...]
I can’t tell whether this investing dictum, from shaggy-haired hedge-fund manager Cody Willard‘s column in the Weekend FT, is really smart, or is the sort of temporarily sensible sounding nonsense that we’ll all giggle at after the next market crash. I’m leaning at least slightly toward the former: Those who empower, win. Those who protect, [...]
