The timeless truth about financial speculation

This three-minute clip explains more about stock picking than most things you will ever see or read…timeless and applicable to all assets that attract financial speculation.

“The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Philip Fisher

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Danielle on This Week in Money

Danielle was a guest with Jim Goddard on This Week in Money talking about recent developments in the world economy and markets.  Here is a direct audio link, Danielle was the third guest starting at 106:40 on the play bar.

Referenced in this discussion, the chart below shows the three main elements that drove the latest spike in US inflation–hotels, auto rental fees and used car prices. Treasury yields yawned in response.

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PBS: The plastic problem

By 2050 there will be more plastic than fish in the oceans. It’s an environmental crisis that’s been in the making for nearly 70 years. Plastic pollution is now considered one of the largest environmental threats facing humans and animals globally. In “The Plastic Problem: PBS NewsHour Presents”, Amna Nawaz and her PBS NewsHour colleagues look at this now ubiquitous material and how it’s impacting the world, why it’s become so prevalent, what’s being done to mitigate its use, and what potential alternatives or solutions are out there. This hour-long program travels from Boston to Seattle, Costa Rica to Easter Island to bring the global scale of the problem to light.  Here is a direct video link.

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