Because policy makers can’t take the pain — I might not always agree with what he says, but I always read what he says because Ray Dalio always takes the time to not only clearly lay out his conclusions but also to carefully explain his process. The more time you spend investing, the more you should realize how…

Financial shenanigans at their worst — If you were around in the late 1990s or early 2000s, especially if you were around financial markets, you definitely knew the name Enron. First it meant financial excellence, and then and forevermore it became synonymous with fraud of the highest degree. By the time all the financial bodies were…

Markets are not efficient, and they never will be — I still remember sitting in my finance class during my MBA listening to my professor talk about efficient markets — during the Great Financial Crisis when markets seemed anything but. I can’t remember the exact question he asked, but to answer it, I said something along the lines of: “The…

Quitting sinking ships before they burn and go under — During the pandemic, in the midst of a hot job market and a rethink of the relationship between employer and employee, plenty of people joined a movement dubbed the Great Resignation. Workers left for all types of reasons — better pay elsewhere, crappy bosses, better work-life balance, a desire to…

Rising rates is good for cash’s real return — (Not intended to be investment advice. Opinions are my own.) A common misconception is that cash is trash during inflationary periods. But there’s a key distinction to be made — the paper cash in your wallet (or under your mattress) is trash, but money invested in short term government debt…

Give us raises more often please! — Short post — I just wanted to get this out there. One reason inflation is hitting us so hard is because the prices of stuff are constantly rising while our paychecks are mostly static. We only get raises once a year. So even if our raises somewhat match inflation, for…

Don’t sell low — (Not intended to be investment advice. Opinions are my own.) Stock markets are crashing. Risky stuff like pandemic stocks, crypto, and NFTs are crashing even harder. Pretty much all risky assets that don’t directly benefit from rising inflation have been hit hard and are likely to be hit even harder…

A battle of economic systems — One of the more worrying trends over the past few years is the increasing friction between America and China. These two countries are without a doubt the two most powerful countries in the world right now — whether you are ranking by economic or military might. So the fact that…

ESG has no correlation with profits — Is the trend towards ESG (which stands for Environmental, Social, and Corporate Governance), a.k.a. ethical investing, gradually creating an investment opportunity in those companies that are supposedly sinful? ESG has been one of the hotter investment trends over the past few years — for financiers, it’s not just about making…