Category Archives: Politics
The True Sport of MAGA
One of the more extraordinary things that investors have seen in living memory is unfolding at this precise moment. This goes for business leaders, money managers, veteran Wall Streeters, value investors, 401(k) holders, momentum traders, FX guys, gold bugs, technical … Continue reading
Trouble in Paradise
Uncompromising independence, rugged individualism, and limitless personal freedom were once essential to the American character. According to popular American folklore, they still are. We have some reservations. The principles that gave rise to the American character died long ago. Freedom. … Continue reading
Confronting the Dragon with Peter Navarro
A young man might go to business school believing he’s obtaining some sort of academic training that will enable him to make a comfortable living. His degree may gain him entry into a large corporation, where he can work his … Continue reading
America Goes Full Imbecile
Credit has a wicked way of magnifying a person’s defects. Even the most cautious man, with unlimited credit, can make mistakes that in retrospect seem absurd. But an average man, with unlimited credit, is preeminently disposed to going full imbecile. … Continue reading
