"Like all bubbles, the suppression of volatility and suspension of disbelief is strongest right before the reversal of fortune."
-From Hayman Capital Management investor letter, 11/15/12
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...
-
In his most recent post , Michael Pettis explains the problem of investment misallocations and too much debt, simply yet brilliantly (his po...
-
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...
-
I am reading another book right now by economist Richard Koo, innovator of the balance sheet recession concept. If you remember what his id...