Category Archives: Main Page

Berkshire shares negative now for 19 months and counting

The financial press loves to flog viewers with bullish quotations at all times, but especially from Warren Buffett, and especially near cycle tops when valuations are the least attractive for investment.  See a detailed discussion in the recent article Warren … Continue reading →

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The vicious cycle of inflated asset prices and low yields

Funny thing about low and negative yields on savings…they make people save more and spend less, which slows the economy, which makes central banks try to lower rates more, which makes people need to save more and spend less…which slows … Continue reading →

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The unsustainable cost of unaffordable housing

Food banks started in the late 1960’s as a stop-gap charity to help poor people make ends meet and get through periods of unemployment.  As wage gains stagnated over the last 30 years, debt levels rose and food bank use … Continue reading →

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