Daily Archives: January 18, 2017

Investment results should be measured from market trough to trough

The news flow of the past decade (century+) confirms the truth about ‘trading’ financial markets. Unless one exploits some privileged advance or inside information (which is commonly done but generally illegal) or is using high frequency machines that allow them … Continue reading

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Hayek warns on subversion of the Rule of Law

This is an important article to read and understand.  The warnings on Trump’s behavior to date are clear.  See A warning to Trump from Friedrich Hayek: “One of Hayek’s most important arguments in his great classic, “The Road to Serfdom,” … Continue reading

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