"A bubble is a bull market in which the user of the word 'bubble' has not fully participated."
-Jim Grant
If I were going to change anything about the above, it would be to add the words "These days..." right at the beginning.
Broken Money
The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
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In his most recent post , Michael Pettis explains the problem of investment misallocations and too much debt, simply yet brilliantly (his po...
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I am reading another book right now by economist Richard Koo, innovator of the balance sheet recession concept. If you remember what his id...
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Are when the contrarian should think about buying. And so I tried. Some AUY LEAPS (filled) and a small mining services company that I like...