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Here are some things I think I have an opinion about: 1) Fat Shaming Works for Me. I liked this thoughtful Tweet by Dr. Mike Simpson: I do not condone body shaming. But, as a physician, I also cannot condone people pretending that obesity is healthy. Beauty may be skin deep,...
Is it just me or does it seem like our politics are becoming increasingly polarized? The rise of the Tea Party, the Alt-Right, Donald Trump, Antifa, Bernie Sanders and the Social Democrats are all extremist responses to what seems like a world that has left many people behind. There...
Here’s a whopper of an article: So. Much. Hyperbole. The basic gist of the article is that the US economy is struggling because of inequality, unstable employment and sagging productivity. And if we eliminate stock buybacks then all will be right in the world. This is misleading at best and...
Donald Trump says the stock market will crash if he is impeached: “I’ll tell you what, if I ever got impeached, I think the market would crash,”¹ Now, I don’t have any superpowers, but if there’s one thing I am really good at it’s avoiding political bias in my analysis....
I recall watching a baseball game earlier this year in which the announcer said that Juan Soto of the Washington Nationals was the youngest player ever to hit a home run at a particular baseball field. I thought to myself: “wow, what an achievement. No, wait a minute,...
I’ve been thinking about whether or not to write something about the crisis unfolding in Turkey, but there are much smarter people out there doing the legwork for me. Chief amongst them is Brad Setser at CFR. This post of his is tremendously good. It might...
In 1818 William Cubitt invented a machine called a “discipline mill”. The machine was a wooden wheel with treads that that was used to punish British prisoners. The wheel was later adapted to crush grains and took the name “treadmill”. If you’ve ever gone for a...
Here are some things I think I am thinking about: 1) Shrinkage in the markets!  There has been a lot of chatter lately about the shrinking of the public markets. This NY Times piece says the shrinkage is a problem for everyone. It cites this excellent NBER piece by people...
Here’s a clip from last night’s episode of Hard Knocks: Training Camp with America’s Worst Football Program.¹ In the clip Carl Nassib gives his teammates a lesson in investing: He gets a lot right here and a lot wrong. Let’s cover each point: 1) Nassib starts off exactly right by...
Oh yeah baby. This the post you have not been waiting for – all Tesla all the time. Here are three things about Tesla I think I am thinking about: 1) Tesla and short-termism. So, Tesla is talking about going private. The main reason for this is supposedly because...