Bad Strategy
Saylor, still at the helm of MicroStrategy, saw a comeback opportunity. Not a new business strategy; it wasn’t a real business at all. It was a speculators’ strategy.
The Daily Reckoning Australia
War of Fog
What we learned in America’s great experiment with Prohibition is that you can make something illegal, but you can’t make it unattractive. Prohibition raises price margins and brings forth more supply.
This is Your Chance
Between childcare, healthcare, autos, houses, internet services and college tuition, more Americans have a hard row to hoe. We don’t know why it works this way…
Payers of Interest
Credit is not the same as real money. Owning a house is not the same as paying a mortgage on one.
Get ready! Mainstream investors are going for gold
With gold setting records this year, precious metals assets, like mining stocks, are gaining attention. Even mainstream media is talking about them. But it’s not a flattering discussion. Here’s my take on the flaws in their case.
American Life: Less Ordinary
It’s a poverty where you may still have most of the accoutrements of middle-class life. But your relationship with the financial elite has changed: you are indentured to the credit industry — for life
