Shopping around no longer requires going from store to store searching for the lowest price. If you have a smart phone equipped with a web browser and a robust Internet connection, you can find what you like in one store and then comparison shop, and even make a purchase, on the web.All of this is [...]
OK, OK, I’m not exactly one to write about fashion, but fashion is about trends, and investment analysis is frequently about identifying trends early, if possible even before they properly begin, to assume the vanguard position prior to a dramatic outperformance of a given asset, or investment style. And so, in [...]
By Mark Spitznagel. Mr. Spitznagel is the founder and chief investment officer of the hedge fund Universa Investments L.P., based in Santa Monica, Calif. This was originally published in the Wall Street Journal on December 22, 2011.
Central banks are creating a tinderbox by keeping alive many very bad investments.
The ubiquitous greenery of the season [...]
This article is from Cafe Hayek and is republished with permission of the author.
By Russ Roberts
The collapse of MF Global, a highly leveraged gambler on Europe’s fate using other people’s money means that those who funded those gambles have lost virtually all of their money. Some of those who financed those gambles were [...]
This chart on gasoline prices reminded me of when I and a bunch of other scruffy kids piled into a beat-up car and headed from San Diego to Flagstaff to go skiing–the only place with decent snow. This was in 1962–I was a high school senior. We had removed the back seat and the firewall [...]
By Jeff Harding.
My company has been looking for real estate deals and we have been frustrated finding deals we can live with. We have researched the Southern California market with which we are familiar and find either banks are holding on to bad deals or that , once they foreclose, they are asking more than we [...]