A Blaze of Glorious Inflation
It is mathematically and physically impossible for asset values to become too far removed from the underlying economy for too long. Instead, they cycle up and down, anchored to the real economy.
The Daily Reckoning Australia
Now we know how the government will steal your retirement pot
For years I’ve been warning this day would come. Now, the government has stopped pretending. The true purpose of Superannuation has been exposed.
A Pure Bar Room Brawl
Poor Donald Trump. He hailed from Queens, not from Manhattan — separated by a few miles, the East River, and a whole cosmos of snobbery.
Fast Money and Fast Women
It is an illusion to think you are making money by inactivity. You are always long or short. The real difference is that the shrewd investor waits a long time between moves.
The Lunch That Changed Everything
It’s always good to catch up with an old friend over lunch. But this lunch 13 years ago changed my life. What we talked about that day could change yours too…
A Loyal Servant— but Not of the People
Back in the 1980s, senator William Fulbright noted that 90% of the Senate was controlled by Israel. Today, the total is probably closer to 95%.
