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Monthly Archives: February 2015
The Myth of Black Swan market events
Excellent article in the NYT this weekend from Mark Spitznagel, founder and chief investment officer of Universa Investments. Spitznagel is elevated in both intelligence and wisdom– still a very rare combination in finance. First he offers a chart of the … Continue reading
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Avazz petition: time to end too big to jail
People who value democracy, fairness and civil society, should care about breaking up the banking cartel. The current state of anarchy there, threatens all of us. Avazz captures the issues well in today’s petition: HSBC helped the super-rich dodge taxes. … Continue reading
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When facts don’t support a ‘feel good’ thesis
CNBC says it is trying to tell the ‘good news’ about lower oil prices for the US economy today. As the host puts it: “The story we are trying to tell this hour Larry, is not some dire story, not … Continue reading
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