Most people reading this post have a job that didn’t exist a hundred years ago. Some of these jobs create easily measured and obvious... Read More
ETFs are getting really weird Read More
Despite its early stumbles, Google’s Gemini has leapfrogged ChatGPT in relevance and usefulness. Soon, it will be ubiquitous. Read More
AI backlash is mounting. Executives are getting booed. Workers are threatening strikes, and protests are frustrating data center... Read More
The increase in Medicare Part B premiums has sparked concerns about out of pocket healthcare costs. Read More
moats and their discontents Read More
New EV sales in April were down 6.2% compared with March. Read More
Yields for long-term U.S. Treasury bonds shot up to almost 5.2 percent on Tuesday, reaching their highest levels in almost 19 years.... Read More
Please read on. Read More
Some state lawmakers are focused on making leaving costly, while ignoring the reforms that could make staying attractive. Read More
Jeff Bezos dissed politicians’ “technique of picking a villain and pointing fingers,” noting quite rightly that bad government policy... Read More
Meta recently announced that around 8,000 people will be let go, representing 10 percent of its workforce. Earlier in the year, Amazon... Read More
Ronald Reagan’s (1911-2006) father lost his job on Christmas Eve. It’s a reminder of how different things used to be. Since life... Read More
Julia Bognar was thrilled to be graduating this spring with a degree in graphic design from Arizona State University. But when it came time... Read More
The political scientist Harold Lasswell wrote the best-titled book about modern politics. “Politics” he said, is about... Read More
Soaring tomato prices may be making your pizza costlier, but it’s hardly the only inflation bite out of your wallet. If you... Read More
The New York Times is in open civil war over a Nicholas Kristof column its own reporters say wouldn't have cleared the news desk,... Read More
“The votes are not there,” one key GOP senator reluctantly conceded. “We will lose.” Read More
One of the most important Executive Orders signed by President Trump on his first day in office was Restoring Freedom of Speech and Ending... Read More
Tennessee taxpayers are about to spend millions on a Starbucks order they didn’t ask for. In April, the world’s largest coffee chain... Read More
Taking a rain check Read More
America is celebrating its 250th anniversary, but President Trump has forgotten the Constitution. The Bank Secrecy Act is one of... Read More
Comparison is the thief of joy. Read More
Jensen Huang just took the throne from Apple, at least in the US... Read More
Google is trying to pull off one of the trickiest balancing acts in tech: aggressively disrupting its own products with AI while protecting... Read More
The Trump administration’s government ownership spree has officially gone quantum. Read More
If your business leaders are smart enough, massive government stupidity could be quite livable. Read More
The outlook for the quarterly dividends of the S&P 500 has substantially improved in the month since our previous snapshot? Read More
The 10‑year real US Treasury yield is hovering near a 20‑year high, with the 5‑year not far behind. Read More
Index funds are widely considered passive, but if we look closer, we will find a surprising twist. Read More
The growth category, specifically technology and AI stocks, is no longer providing an excess margin of safety. Read More
New business formation in the US is on the rise. Read More

Soaring tomato prices may be making your pizza costlier, but it’s hardly the only inflation bite out of your wallet. If you haven’t built a portfolio to hedge against higher inflation, now is the time.... Read More
Ronald Reagan’s father lost his job on Christmas Eve. It’s a reminder of how different things used to be. Since life was so much more uncertain over 100 years ago for the average American, it’s no surprise that life was equally, if not more uncertain for those who employed the average American. Is it any wonder that fathers were so stern when Reagan was a child? A century ago a l... Read More