Monday, August 10
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David Ellison’s bid to merge PSKY with Warner Bros. Discovery is now being challenged on antitrust grounds. Read More
Historic talent is leaving DeepMind and Google, but that may ultimately *help* Google's Gemini efforts... Read More
Politicians can lecture people to lower their expectations, or they can stop pursuing inflationary policies that everything more expensive. Read More
'Why should I praise you for finally abandoning your childish nonsense?' Read More
Why are you spending three hours writing an essay when ChatGPT can do it in 15 seconds? Read More
Why you shouldn't use leverage when investing, even if you're young. Read More
A lot of people seem to be realizing that knowledge work is mostly pointless. AI might give us the pleasure of finding out what happens if an... Read More
The average mortgage payment on the typical new home sold in the U.S. rose above the upper limit of affordability for the typical American... Read More
Crowd behavior in prediction, betting and stock markets. Read More
We like to buy meritorious companies that meet our eight criteria for stock selection. Then we hold our winners to a fault, because most of... Read More
The S&P 500 was flat but the details were more interesting. Read More
NGDP is growing too fast. Read More
Gold and bitcoin have retreated from recent highs, but most major market indicators still sit above long-term averages. Read More
Markets remained mixed for a second month in July, based on a set of ETFs tracking the major asset classes. Read More
The 60/40 portfolio is broken because equity returns are driven by AI concentration rather than the business cycle, while bond returns are... Read More
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