Tag: stock market

Post-2008 Wealth Creation: A Guide, Part 1

Entrepreneurship is too hard, America’s ‘pioneer spirit’ is gone, and the news is pretty much a waste of time. Blogging, writing, etc. also mostly a waste of time and usually doesn’t make money. In our post-2008 winner-take-all, bigger-is-better economy and society, instead of trying to compete directly with the big and rich, why not piggyback… Continue reading Post-2008 Wealth Creation: A Guide, Part 1

Millennials Make a Killing Day Trading on Reddit

Millennials Make a Killing Day Trading on Reddit MarketWatch’s Shawn Langlois and Sally French join Quentin Fottrell and Priya Anand with the details on how Reddit became the go-to place for rowdy millennial traders to gather in 2016. Again, not to make this too political, but many on the left keep repeating the same narratives… Continue reading Millennials Make a Killing Day Trading on Reddit

‘Peak Everything’ and the ‘winner-take-all’ market

Multi-billionaires, who can control the media and the boards of directors, can’t beat the market. Hedge funds, who have the most sophisticated tools and PHDs at their disposal, can’t do it either. From pragmatic capitalism: Dear Hedge Funds: Index Funds Didn’t Eat Your Returns Indexing strategies have been the fastest growing segment of the asset… Continue reading ‘Peak Everything’ and the ‘winner-take-all’ market

Not Worried About Tech Valuations: Why It May Be Different This Time

In the past month, there have been a plethora of doom and gloom articles about web 2.0, Silicon Valley, the economy, and start-ups. In this series, I address some of the major concerns, arguing that perhaps the doom and gloom is not all warranted. Big-Cap Tech Stocks Are a Sucker Bet We’ve been hearing these… Continue reading Not Worried About Tech Valuations: Why It May Be Different This Time

The Daily View: 1/17/2016 (lots of stuff)

From Fred Reed: The Inevitability of Eugenics I predict within 50 years America will start giving Eugenics a serious consideration as a way to tackle the growing entitlement spending problem, which by then will be much bigger than it is now if trends persist. Liberals and conservative alike need to get over this squeamishness of… Continue reading The Daily View: 1/17/2016 (lots of stuff)

Collapse Can Wait, Part 2

Aaron is right about America’s reserve currency status, and also there is the petrodollar in addition to the ‘flight to safety’ and other factors that are keeping interest rates low and the dollar high, all thanks to American exceptionalism. As bad as the US economy may seem, other countries are worse, although I am more… Continue reading Collapse Can Wait, Part 2

Better or Worse?

Two contrasting viewpoints: Pessimistic: The Truly New Year Optimistic: Financial Fridays: The Stock Market is Bullshit New inventions and technologies would outpace the demand for those commodities so that as we needed their functionality more, the prices would fall. Think about computers: your price per speed and functionality in your computer has gone down every… Continue reading Better or Worse?

Active Management Continues to Lag Indexes

After a really bad 2014, 2015 proved little better, with the majority of hedge funds, managers, and mutual funds failing to beat the S&P 500. Carl Icahn, Warren Buffett, and Bill Ackman – all of whom are billionaires – lagged the market substantially. Buffett lagged by 13% in 2015 Bill Ackman by 20%. It looks… Continue reading Active Management Continues to Lag Indexes