Related to an earlier post, I have seen many articles over the past few months or so about how Biden’s presidency is failing, or how Biden’s approval ratings are falling, or how no one is listening to him–‘the shrinking presidency’. As I observed earlier, Biden’s presidency is much more of the Western-European tradition than American,… Continue reading The Shrinking Presidency

Declining fertility rates among developed countries has been a subject of intense debate online for years. The debate generally falls into one of two camps: that the decline, particularly in the U.S., is due to political/economic factors, or due to individual social factors. My money is strongly on the latter, that Americans are choosing to… Continue reading Declining Fertility Rates: What is to Blame

Another Reformed Broker article The Volatility is the Point The quickest way to out yourself as an amateur investor is to post comments online mocking others for being in a stock, sector or asset class that’s undergoing turbulence. Not only does this reveal to others that you’re not actually an investor yourself, it also tells… Continue reading The downfall of financial experts

It looks like Mr. Butthead has devised a new way for his clients to lose money: This morning we launched the first ever crypto index separately managed account (SMA) strategy. It’s currently only available for Ritholtz Wealth Management clients but that will change in Q1. You can add yourself to the wait list here and… Continue reading The Daily View 12/5/2021

I saw this article going viral a few days ago: The Manafort case is a reminder that we invest too little in catching white-collar criminals He writes: The extent to which Manafort’s prison sentence seems light compared to the harsh justice the United States routinely hands down to drug offenders and violent criminals was immediately… Continue reading The Myth of White Collar Leniency

Another interesting Freddie Deboer article Racial Disparities in the SATs Are Exactly What Antiracists Should Predict …You let them in despite worse academic preparedness than their peers; if you don’t address that lack of preparedness in a systematic fashion you’re setting them up to fail. But remediation is expensive for institutions and potentially for students… Continue reading The Persistence of the Black-White Academic Achievement Gap

Freddie discusses how being weird and divisive is necessary for being successful as a writer: Because being divisive is good for business. You have to be weird. I’m making more money than I ever thought I would in my life because what I write is not easily found elsewhere. Niche tastes can still be popular… Continue reading Freddie Deboer on Writing

Looks like another Covid variant has been invented. Got to keep those drug company profits up now that Delta is fading from relevance. Time to shut everything down again, cuz people may die. At this point it’s hard to take any of these ‘health experts’ seriously after they promised the the vaccines would stop Covid,… Continue reading The Return of Covid….again

Ny Mag explains why Biden’s approval ratings are falling. The so-called ‘honeymoon period’ ended in June, just as Biden’s approval ratings had peaked at 53%, according to 538. The recent decline is consistent with past presidents, the only exception being George Bush, who only served a single term, so it’s not like it’s that accurate… Continue reading The Biden Freefall

For the past year or so I have been predicting that Bitcoin would lag Tesla and tech leveraged ETFs. Sure enough, as of publishing this post, Tesla has almost recovered all its recent losses and is almost at $1,200/share again, as I said it would. Elon selling a couple billions dollars worth of shares for… Continue reading Superior versus Inferior Assets