Welcome to Mt Debtmore
The ‘either-or’ outlined by the NYT is a fantasy. There’s an ‘or’ but no ‘either’. Skating along while adding more and more debt is not a possibility. Not for long.
The Moral of the Story
The Moral of the Story
Alas, that’s how the world works. There’s always a ‘moral to the story’ and you ignore it at your peril.
Contrarian? Or Damned Fool?
Contrarian? Or Damned Fool?
We’ve become ‘contrarian farmers’. No…we don’t plant backwards to fool the crows. Instead, we are buying land in Argentina.
Young Dr Frankensteins
Young Dr Frankensteins
This past week, we laughed at the super-rich who wish to trade their dollars for cool. We mocked Larry Fink for pushing his own anti-carbon agenda.
Cool Fads and Killer Cads
Cool Fads and Killer Cads
In Mr Fink’s case, we have no idea whether companies aiming for zero emissions are doing the world a favour or not. Fighting climate change is cool today. As for tomorrow, we don’t know.
A Meditation on Cool
A Meditation on Cool
Today, in addition to mocking the cool, earnest rich, we explore the whole scammy plot. The financial system has become corrupt…here’s how well-meaning do-gooders make it worse.
Between a BlackRock and a Hard Place
Between a BlackRock and a Hard Place
Few people have been more successful at making money than Fink. He founded one of the biggest and most influential hedge funds in the world — BlackRock
Why We Decided to ‘Go Private’ after 40 Years of Public Spectacle
Why We Decided to ‘Go Private’ after 40 Years of Public Spectacle
So, in the second chapter of our career, we left ‘public interest’ and decided to focus on private interest. We couldn’t change the world, we reasoned, but at least we could help people get through it…and make some money for ourselves doing it.
‘Inflate or Die’
‘Inflate or Die’
And it’s not the fellow with a can of Bud Light in his hand who is going to answer the ‘Inflate or Die’ question.
Rough Seas, Rising Energy, and Argentina’s Abandoned Peg.
Rough Seas, Rising Energy, and Argentina’s Abandoned Peg.
Argentina may be the most ‘European’ country in the world — in the sense that it has gotten very few immigrants from Africa or Asia. But the European family tree has many branches.
