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Daily Archives: October 16, 2015
When buy and hope comes up red
The finance business reaps profits by selling us risk. When valuations are cheap we have a better than average probability of earning reasonable compensation for that risk. When valuations are high, we don’t. In fact when valuations are near secular, … Continue reading
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Financial reform and the 2016 presidential campaign
Dennis Kelleher of Better Markets talks about the roles Wall Street reform and the concept of “too big to fail” are playing in the 2016 presidential race. Here is a direct video link. Also see, this Nomi Prin excerpt: Hillary, … Continue reading
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Colbert: self-driving cars are coming for us
Funny, but seriously, this is happening… It seems like every billionaire with a tech company is working on a self-driving car, so they’re coming whether you like it or not. Here is a direct video link.
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