Magnitude Matters

I have just returned from a family vacation in Cape Cod which began with a brief, 3-day stay in New York City. We flew into NYC and then ren...

Great investing is generally about taking on the right risks and being compensated properly for risks taken. It is primarily NOT about out t...

Much like throwing a pass in football, there are three general outcomes from crypto investing, and two of them are bad. Namely, aside from m...

Most people seem to think within the framework of a supposed "law of conservation of effort and reward" (LCER) and its corollary ...

It is income tax time again. Instead of the usual rant, I have a creative alternative for you to ponder: Only taxing unprofitable businesses...

Or perhaps I should say in one equation properly explained . . . Political thinking:       ALL THE STUFF divided by ALL THE WORKERS equals ...

David Henderson has written two very good pieces recently at the Hoover Institution's Defining Ideas.  They are a two-part discussion on...

When friends who are interested in "prepping" ask me about planning for doomsday scenarios, I love the looks on their faces when I...

Just when they said it was dead and gone, inflation is back loud and clear. The latest reading of the CPI for January 2022 is 7.52%! We have...