A Critical Look at Warren Buffett

The inimitable, sagacious Warren Buffett is known for his aphorisms, but is this useful investment advice, and second, is Warren Buffett really the great investor as he’s cracked up to be? Don’t overtrade/Hold stocks forever. Continued: http://www.thereformedbroker.com/2013/11/30/on-spinning-ones-wheels Buy When There’s Blood in the Street. Continued: http://www.freemoneyfinance.com/2012/04/buy-when-theres-blood-in-the-street-and-why-buffett-is-a-market-timer.html The Oracle’s tips are easily countered with some obvious… Continue reading A Critical Look at Warren Buffett

Our New Era

As we’ve been writing since 2011, we’re still in the smartist era of hyper-capitalism, credentialism, consumerism and spendism. As of 2008, never before in such a short period of human history has so much wealth been created and yet, instead of marveling at the resiliency of the consumer, the web 2.0 & economic boom, and… Continue reading Our New Era

More Bullshit by Business Insider

The prophets of doom are at it again, this time with yet another beseeching article about how rising consumer spending cannot coexist with falling income. Consumer spending is around all-time highs as a share of U.S. GDP, while labour income is at multidecade lows, he explained. “This has been wonderful for corporates: consumer spending boosts… Continue reading More Bullshit by Business Insider

The State of the Economy

We’re in a value centric economy. People are being paid for the value they produce. Wages were too high pre-2008 relative to the value being produced. The freelancer economy including sites like Task Rabbit is part of a trend of labor converging with value. High-salaried tech employees have drastically driven up rents in San Francisco.… Continue reading The State of the Economy

Could High Frequency Trading Have a Stabilizing Effect on the Market?

Many assume high frequency trading (HFT) has made the markets less stable and dishonest. In reality, markets were unstable and crooked before the advent of computerized trading. A century ago, it wasn’t uncommon for indexes and individual stocks to fall several percentage points in a single day for seemingly no reason. Fast forward to today… Continue reading Could High Frequency Trading Have a Stabilizing Effect on the Market?

Let’s Teach the Kids to Code

Granted financial analysts and economists are important people, but what is the public liberal school system trying to teach their young minds? The left has criticized standardized testing for years, but it’s still the most objective way of measuring ability because grade inflation and differences of curriculum has rendered high school GPA’s nearly useless. A… Continue reading Let’s Teach the Kids to Code