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“An explosive critique about the investment industry: provocative and well worth reading.”
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Monthly Archives: June 2014
Tom Friedman: climate change the great equalizer for humanity
Pulitzer Prize winning journalist and author Tom Friedman was on Charlie Rose last night talking about his new Showtime project examining climate change: “Years of Living Dangerously.” The sustainability of our biosphere is the great equalizer for the human race. … Continue reading
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The monstrosity of government-backed asset markets
Good discussion on how government-backing has contorted and disabled free market pricing of housing, debt and risk. Individual participants need to bear and price their own risk if the system is to be sustainable and stable. Josh Rosner, managing director … Continue reading
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Financial business still fighting to serve their own best interests ahead of clients
In 2010, the Dodd-Frank financial reforms gave the US SEC (Securities and Exchange Commission) the authority to propose a rule that would require those selling financial products and advice to act as fiduciaries (ie., give advice best for the client … Continue reading
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