What’s the Half-Life of Your Investment Model?
Long ago, when I was a child, there was a local mom and pop video rental store a couple miles…
Investing
The New Buy and Hold Investing
Many people like to think they are buy and hold investors. They believe in buying good quality companies at reasonable…
Fungibility and Opportunistic Thinking in Art Investments
Art and antiques are widely underappreciated investment vehicles that have major advantages over traditional paper assets – like beauty and…
1919 – The Disastrous Year before the Great German Hyperinflation
There has been a tremendous amount of chatter recently in the financial press about the possibility of hyperinflation in the…