Why drugs are here to stay (from my email)
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This is anonymized, I can vouch that the person is very smart and has
excellent taste: Some thoughts [referring to my recent Free Press piece on
marijuan...
Nobody Knows Anything, SpaceX IPO edition
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Of all the dumb things Wall Street is infamous for, perhaps none is
sillier than the all too regular forecasting game. Quarterly earnings,
Non-farm p...
What I've been reading
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I am in the middle of *How to Win a Trade War* by Soumaya Keynes and Chad
Bown. It is always smart, sometimes irreverant, and timely. I plan to use
it a...
What to Do When a Stock Drops 25% – Ep 291
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A client emails me: stock XYZ has declined 25%, is the thesis broken? It’s
a fair question, and the honest answer is one I want to walk through
carefully...
Some Links
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(Don Boudreaux) TweetWriting in the Wall Street Journal, NYU physicist
Steven Koonin reports on how the Biden White House inadvertently told the
truth abou...
A Few Quick Announcements
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By James As I wrote a couple of years ago, I don’t post here anymore. I
just have a couple of updates for people who subscribe and may be
interested in my ...
Does Value Investing Still Work?
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*Does Value Investing Still Work?*
In today's world, I at times wonder whether value investing is dead. At
least for the average investor. I mean think...
Why Big Pharma Is Diving Into Gene Therapy
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Emerging revolutionary treatments promise possible cures for diseases like
hemophilia and muscular dystrophy—and opportunities for investors
HBO CEO Resigning Amid AT&T Restructuring
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HBO Chairman and Chief Executive Richard Plepler said he is stepping down,
a move that comes as new owner AT&T Inc. is looking to put its own stamp on
the ...
How to Believe in Free Speech
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Almost all libertarians earnestly say, "I believe in free speech."
Normally, though, this goes way beyond the right to speak freely. Most
libertarians al...
Congratulations to Nobel Laureate Richard Thaler!
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It should surprise no one, and delight everyone, that Richard Thaler has
won this year’s Nobel in economics. Congratulations! Thaler is a big reason
I pe...
Adjust contrast of a pdf free
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Closer to the eye of the shooter, this is because Preview is quite
literally applying a filter to each individual page of the PDF you are
saving. the proce...
The Harsh Truth About India’s Godmen
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Late last month, two Indian states and the national capital were upended by
rioting mobs protesting their spiritual leader’s conviction on two counts
of ...
Wisconsin in Last Place for Start-up Activity
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The Kauffman Foundation has just released its report on startup activity.
Wisconsin comes in last place in startup density. Figure 1: Source:
Kauffman Foun...
New blogs. Really, this time.
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Yeah, I can't believe it either. The day has finally arrived. We're moving
on up to Wordpress.
For occasional posts about specific securities, with a focu...
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